Korea on knife edge
By Donald Kirk U.S.-China relations are at their worst in years, and North and South Korean are not getting along either. In fact, relations between those two are at such a low ebb that two-way trade, once about several hundred million dollars a year, has almost ceased. Curiously, however, North Korean coal does make its way into South Korea, which relies on coal for 40 percent of its electrical power. Russia imports coal across the 11-mile Russian-North Korean border formed by the Tumen River as it flows into the sea and then ships the black stuff southward. Just think how much simpler it would be if North Korea could ship coal directly to South Korea by train or by sea down the east or west coast. Sensible though North-South trade might seem, it’s not going to pick up in the foreseeable future. The shutdown by South Korea of the industrial zone at Gaeseong dashed hopes for South Korean capitalism in the North. Until then 50,000 workers were turning out light industrial products ranging from cosmetics to golf bags for more than 100 small- and medium-sized S
