Episode
Is North Korea getting richer?
- Podcast
- Asia Specific
- Published
- Jun 23, 2026
- Duration seconds
- 1050
- Processing state
not_requested- Canonical source
- http://www.bbc.co.uk/programmes/p0ntl9my
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Summary
North Korea and Russia are about to open their first road bridge connection, deepening a partnership that has rapidly expanded since Moscow's invasion of Ukraine. The growing relationship is helping fuel one of the most surprising stories in Asia today: North Korea's economy appears to be performing far better than many expected. New housing projects are transforming Pyongyang, consumer activity has picked up and Russia has emerged as a major new source of revenue for Kim Jong Un's regime. Also, North Korea's use of cryptocurrency theft is growing while sanctions are being bypassed. But how much of this is a genuine economic transformation, and how much is a carefully managed showcase? And are ordinary North Koreans outside the capital seeing any benefits from the influx of new money? In this episode of Asia Specific, host Mariko Oi speaks with BBC Seoul correspondent Jake Kwon and Wall Street Journal reporter Dasl Yoon about what has changed inside North Korea since the pandemic, the rise of Pyongyang's new wealth, how business really operates inside one of the world's most secretive economies, and whether closer ties with Russia are reshaping North Korea's future. Asia Specific brings you essential insights and conversations on the stories shaping the Asia Pacific region - an economic powerhouse, geo-political flashpoint and the birthplace of global cultural trends. Asian perspectives on international issues and in-depth analysis on news from a region that’s home to nearly 2.5 billion people. Whether it is the latest on trade between China and Donald Trump, the rise and fall of political dynasties in Thailand, Indonesia, and the Philippines, or South Korea’s K-pop inspired soft power strategy - we unpack what key players are thinking and dive into the stories that ma…