North Korea Border Town Is Now China’s Hottest Property Market
May 11th, 2018
Via Bloomberg, an article looking at how Dandong’s new-home sales are surging amid Kim’s surprise peace embrace: A North Korea border town has suddenly become China’s new hot property market, as Kim Jong Un’s embrace of peace sparks a buying frenzy. New home sales in Dandong, which sits across the Yalu River from North Korea and […]
Read more »North Korea: From Famine to Free Markets
October 28th, 2017
Via Business Insider, a look at how North Korea is incorporating free markets into its economy — and undergoing a ‘social revolution’ as a result: North Korea’s economy has advanced since the famine of the 1990s, and has begun encouraging entrepreneurship. Unlike earlier times, many citizens now earn wages instead of having the state provide everything […]
Read more »The Opaque Trading Network Keeping North Korea Afloat
September 12th, 2017
Courtesy of the Financial Times, a look at the web of rusty ships and shell companies keeping North Korea afloat despite tightening sanctions: For a Hong Kong company managing a small fleet of cargo ships, Union Link International hoists an exotic array of flags, from China and Tanzania to the Pacific island nations of Niue […]
Read more »North Korea’s Economy Is Growing at Its Fastest Pace Since 1999
July 21st, 2017
Via Bloomberg, a report on North Korea’s economic growth: North Korea’s economy grew in 2016 at the fastest pace since 1999, helped by a recovery from a drought in 2015. Military spending, including on testing nuclear weapons and missiles, also boosted growth, and raised tensions in the region. Gross domestic product expanded 3.9 percent from […]
Read more »Entrepreneurs in North Korea? Not As Rare As One Might Think
July 6th, 2017
Via the Asia Times, a report that more business projects are starting in North Korea: While the eyes of the world are on North Korea’s development of an intercontinental ballistic missile, observers say innovation of another kind is occurring in the secretive socialist country. North Koreans are increasingly starting business projects and “essentially managing their own economic destiny,” […]
Read more »North Korea’s Journey From Feudalism To Crony Capitalism
June 21st, 2017
Courtesy of The Financial Times, a report on how changes in North Korea have led to higher wages and private enterprise — making it harder to pressure the state with sanctions: Woken before dawn, the group of foreign journalists were stripped of their mobile phones and piled on to a bus. They were in Pyongyang […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.