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Can Kim Jong Un's economic ambitions survive the COVID-19 pandemic?


Can Kim Jong Un s economic ambitions survive the COVID-19 pandemic?
Victoria Kim
© Provided by The LA Times
North Korean soldiers applaud Kim Jong Un at a Workers Party congress in Pyongyang on Jan. 15, 2021. (Jon Chol Jin / Associated Press)
After declaring three years ago that his country had fulfilled its decades-long ambition to become a nuclear power, North Korean leader Kim Jong Un turned his attention to fixing an ailing economy that was undermining his pledge to better the lives of his people.
Since then, in the face of heavy international sanctions restricting trade and most financial transactions, the economy has limped along. Prices remained relatively stable. Growth exceeded expectations. Kim appeared confident enough about his country s prospects that he rebuffed then-President Trump’s offer to negotiate a deal in which North Korea would give up its nuclear arsenal in exchange for the lifting of sanctions. ....

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