Prosperity under the shadow of sanctions: The Wall Street Journal reported on North Korea’s economic growth
In a report, The Wall Street Journal announced that North Korea’s economic growth in 2024 is projected to be 37 percent, a figure cited as the highest growth rate for the country in the past eight years. According to this report, the sale of weapons to Russia, sending troops to that country, support from China, and circumventing international sanctions have been the main factors contributing to this growth. The newspaper also reported signs of prosperity in Pyongyang, including the expansion of ride-hailing services, the use of Chinese electric cars, the opening of gaming cafes, and the construction of 10,000 new housing units in one year.
