November 21, 2007

N. Koreans visit Wall Street for two-day briefing on legal transactions

A group of North Korean financial officials made an unprecedented trip to Wall Street to learn how to gain access, legally, to the international financial system. Hoping to be dropped from the U.S. terrorism blacklist early next year, Pyongyang plans to take full advantage of what would be its new status. The delegation learned how to gain access to global lenders, including the World Bank and the International Monetary Fund (IMF).     (FULL STORY)

Ki Kwang-Ho, center, of the North Korean Finance Ministry, arrives to meet with U.S. officials in New York on Nov. 19.   Reuters/Chip East

 

Hu favorite brings reform skills to pivotal Guangdong megalopolis

Wang Yang's recent promotion to the ruling Politburo and transfer to Guangdong, China’s richest province, reflects the top leadership’s anxiety over maintaining the competitive edge of the Pearl River Delta, which has been virtually integrated with the economies of Hong Kong and Macau. Wang, 52, is nick-named “Young Marshal” because of his gung-ho style.
(FULL STORY)
Guangdong has been overshadowed by such fast-rising hubs as the Greater Shanghai Region (GSR) and the Beijing-Tianjin-Bohai high-tech corridor.   Reuters
Multiple Chinese intrusions into India met with weak response
Report calls Chinese spying top threat to U.S. technology
Chinese colonel faces execution for leaking military secrets to Japan
   

U.S. report finds that U.S. intel has been consistently wrong on China
Chinese politburo member meets with Raul Castro in Havana
Kim Jong-Il in burst of diplomatic activity despite reports of illness
Firstborn son of Kim Jong-Il spotted in Paris

Sharply rising cost of living creating crisis for China's top money managers / A new round in the Great Game: Kazakh-China swap energy modes / Intel's deal with Saigon Hi-Tech Park called sign Vietnam aims to go straight / Raytheon cuts itself a piece of Indian rearmament
Mixed messages by N. Korean media signal factions or confusion over new U.S. ties
North Koreans smuggling small TVs into the country to receive foreign broadcasts
 
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