that is north korean propaganda coming from the propaganda village. you may have seen the flagpoles. bret: it s a song we are supposed to like north korea after we hear it? absolutely. oddly enough they boastfully had propaganda broadcasts from either side. it stopped in 2004. in 2015, there was a provocative land mine incident up here, and it blew off two infantry division soldiers legs. ever since then, both sides have been pumping the propaganda again. it can be lovely music like this or it can be speeches. north korea plays at about 20 hours a day. on our side, we do two or three hours a day. anything from news broadcasts to k-pop. they were playing radio free america.
things like the services sector which is growing and growing in china. that s actually at a 11-month high. that s what they want to see. this whole transformation of the economy is aimed at boosting the service sector, getting away from exports. so when we see exports down, consumption numbers looking better, that s actually the way policymakers want the economy to go. it s just pretty rocky at the moment. and bigger problems with the real estate bubble and infrastructure. the stock market seems way down the list. andrew stevens live in hong kong. after two days of rare, high-level talks, north and south korea have reached an agreement to ease tensions on the peninsula. south korea has agreed to stop playing propaganda broadcasts over the border, and an official says the north has apologized or expressed regret over recent land mine incident which wounded two south korean
language. south korea is painting it as an apology. the head of national defense, when he was giving the press conference, going through the points that were in that agreement, did refer to it being significant that north korea has apologized. but if you look at the language in the statement itself, it is an expression of regret, essentially, north korea saying it is regretful that two of your soldiers were maimed in this land mine incident, but not necessarily taking responsibility for planting the mines itself that were responsible in south korea and the united nations both blame north korea. they say the evidence is there that north korean soldiers planted the land mines, but the north koreans were able to find some clever language that allows them to defuse the situation while not necessarily taking responsibility or really saying sorry for it, rosemary. interesting distinction there. and followup talks to help improve ties between the two
talks, marathon talks, over the weekend between top officials from north and south. under this deal, the north has expressed regret for a land mine incident that badly injured two south korean soldiers. they have also said they ll step back from this quasi state of war which was declared by kim jong-un late last week. and then the south said they ll cease their propaganda broadcasts from these banks of loudspeakers which the north threatened to take out, to target, if they didn t stop. at the same time, the two sides have committed themselves to further dialogue and also possibly to discussions about family reunions. now, the question is, of course, whether this is durable.pragmat. both sides seem to have recognized they were moving to the brink. this was an incredibly dangerous situation and they do appear to
in the south and the u.s. presumably keep track of north korean submarines. they have a fleet of about 77 craft, a lot of them in not the best vintage, but they have a lot. 50 of those have left port, and the south says they don t know where they are. they re presumably someone around the peninsula, but this is worrying because it s been a long time since there s been a deployment of that size by the north. at the same time, they say that the north has doubled the number of artillery pieces in the border areas. now, this comes, of course, as the south themselves are on a high state of readiness. when we were at the border this weekend, we saw multiple rocket launchers, mobile rocket launchers on the move, also artillery pieces at the ready. today, of course, as you mentioned, the president of the south korea, heightening the rhetoric, saying that they wanted, they demanded an apology from the north over this land