On trade and personnel exchanges, the China-ROK relations over China-DPRK relations the asean way i

On trade and personnel exchanges, the China-ROK relations over China-DPRK relations the asean way is an indisputable fact, but also the inevitable the asean way result of the development of the market economy. According to the United Nations Commodity Trade Statistics Database (UN Comtrade) data, in 2012, although the Sino-DPRK trade accounted Korea proportion of total international trade in up to 85%, but North Korea's total imports and exports of only $ 6.8 billion (of which exports $ 2.7 billion and imports 41 billion). In other words, the DPRK bilateral trade volume is only about $ 5.75 billion. The trade volume between China and South Korea nearly $ 209.6 billion, is one of the largest bilateral trade relationship in the world of.
In contrast, China and North Korea trade not only pathetic, Korea's trade dependence the asean way on China is continually the asean way creating high. Historical data show that Korea's trade dependence the asean way on China in 1999, once as low as 18%, while has now reached 85%. Especially after 2009 Korea quit the six-party talks and conducted a second nuclear test, its deteriorating international environment, but also more dependent on China's foreign trade. This year, the proportion of China's imports from North Korea from 2008's 47.9 percent rose to 63.8%, the proportion of exports to China also rose to 54.2 percent from 33.2 percent. Since North Korea's industrial the asean way structure, agriculture, forestry, fisheries higher (23.1%) and mining (14.6%) proportion of Korean exports to China are mainly low industrial value-added resource commodities (such as coal and iron ore), from China imports mainly petroleum, chemical products and large equipment.
However, in so dependent on trade with China, the DPRK is still not an unruly business partners. Peterson Institute for International Economics (Peterson Institute for International the asean way Economics) research on 250 trade of China and North Korea have company pointed out that the real relationship of trust between China and the DPRK is almost non-existent trade on both sides. DPRK Repudiation, default is commonplace. The survey found that less than five percent of Chinese companies are willing to credit to the Korean partner, the asean way only 26% of China's exports of goods to the company to accept the payment within 30 days after the vast majority of transactions are required reservation payment, the asean way or to the "paid their dues hand delivery "manner. the asean way The North Korean officials involved in the business once, 55% of Chinese companies need to rely on bribes to maintain. Not so much economic and trade exchanges between China and North Korea are doing business, more like out aid.
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