March 08, 2010
China Gets North Korean Port on Sea of Japan
The provincial government of Jilin Province in Manchuria told the National People's Congress today that the North Korean government agreed to lease the port of Rajin on the northeastern coast of the Sea of Japan to China for 10 years. Use of the port will give sea access to the landlocked hinterlands of Manchuria for the first time since the collapse of the Qing Dynasty. Rajin is included in economic and trade zones originally created as part of the UN sponsored Tumen River Area Development Programme between Russia, China, and North Korea. Russia is upgrading a railway from the border to Rajin in what may be competing investment. Chinese development of Rajin port could jump start the Tumen River region. This development has important implications for the economy and navy balance in the region....
Labels: exports, japan, russia, shipping, strategic
# posted by Sinomania! : 3/08/2010 04:08:00 PM
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