North Korea's trade growth with China slows sharply in 2012


SEOUL (Reuters) - North Korea's trade with its biggest ally and business partner China barely grew in 2012 compared to a year earlier as growth in the world's second-biggest economy slowed, according to South Korean calculations.

Trade between the two countries rose an annual 5.4 percent in 2012 to a total of $5.93 billion (3.95 billion pounds), compared with 62.4 percent growth in 2011, according to a report released on Thursday by the Korea International Trade Association (KITA).

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Sheriff requests nude photos from female inmate in exchange for favourable treatment, US feds say
Japan to start hunting fin whales after five years of commercial whaling
Google’s Sundar Pichai lays out his AI roadmap
Ukrainian drones strike Russian fuel depot, officials say
44-foot whale carcass on bow of cruise ship baffles NY authorities
Apple’s new iPad ad leaves its creative audience feeling … flat
South Korea's Yoon takes responsibility for missteps after 2 years in office
Former Fiji PM Bainimarama sentenced to year in jail
Phone bans are gaining ground in schools worldwide
Britain and NATO allies must spend more, be tougher, UK's Cameron to say

Others Also Read