Subscribe to RSS feedAnalysts cool on North Korea coal hub plan
PLANS by China to take a 10-year lease on the North Korean port of Rajin in an effort to boost coal shipments from China’s northern Jilin province have been met with a muted response from brokers and analysts.
The impact of Rajin, on North Korea’s east coast, on China’s existing coal export ports would be limited and transport bottlenecks would continue, they said.
Brokers and analysts were responding to comments by Li Longxi, the governor of Yanbian prefecture...
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