InfoAnda - China's Wen urges North Korea to let the market help revamp economy |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

TerreStar, AT&T to launch satellite smartphone | 1 October 2009
Aussie pilot who landed in shark waters hailed a hero | 20 November 2009
Vedanta lines up six billion dollars for Cairn India deal | 20 November 2010

Greek police detonate bomb sent to French embassy | | 4 November 2010

Forum Views () Forum Replies ()

Read more with google mobile : China's Wen urges North Korea to let the market help revamp economy |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Video Reuters TV Reuters News Article Comments (0) Pictures Editor's choice Our best photos from the last 24 hours. Slideshow Follow Reuters Facebook Twitter RSS YouTube Read Russia's female punk band protesters jailed for two years | 17 Aug 2012 Earhart expedition team says video possibly shows plane debris 12:03am EDT Group behind Obama attack ad has Republican Party ties 17 Aug 2012 Mine "bloodbath" shocks post-apartheid South Africa | 17 Aug 2012 Hezbollah says can kill tens of thousands of Israelis 17 Aug 2012 Discussed 138 Obama’s lead over Romney grows despite voters’ pessimism 122 Romney to announce vice presidential choice Saturday 94 Analysis: Are Israelis tough enough for a long war with Iran? Sponsored Links Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Pussy Riot supporters Worldwide demonstrations in support of the Russian punk band. Slideshow Western wildfires Firefighters work to control wildfires across 10 drought-parched western states. Slideshow China's Wen urges North Korea to let the market help revamp economy Tweet Share this Email Print Related News Japan sends back Chinese activists in bid to defuse island row Fri, Aug 17 2012 China's Hu gives show of support for North Korea Fri, Aug 17 2012 Japan to send back Chinese sea activists to avoid row Fri, Aug 17 2012 Japan to deport Chinese activists after island landing Thu, Aug 16 2012 China demands Japan release activists over island protest Wed, Aug 15 2012 Analysis & Opinion Public investors lose in Mongol mining battle Next Week: “Put” in place? Related Topics World » China » North Korea » China's Premier Wen Jiabao attends a meeting with Uruguayan Vice-President and President of the Congress Danilo Astori, during a visit to the Congress building in Montevideo, June 23, 2012. Wen is in Uruguay for an official visit. Credit: Reuters/Pablo La Rosa SHANGHAI | Sat Aug 18, 2012 12:49am EDT SHANGHAI (Reuters) - Premier Wen Jiabao encouraged North Korea to allow "market mechanisms" help revamp its economy, state media said on Saturday, and laid down other pre-conditions as China tries to wean its impoverished ally off its dependence on Chinese aid. Wen's comments followed his meeting with Jang Song-thaek, the powerful uncle of North Korean leader Kim Jong-un, in Beijing on Friday. Jang is the highest-profile North Korean official to visit China since Kim power in December 2011. As well as allowing freer rein to market forces, the Chinese premier also recommended Pyongyang encourage economic growth by improving laws and regulations, encouraging business investment and reforming its customs services. China's President Hu Jintao also met Jang in a clear show of support for the North and its new leadership. Jang is seen as the driving force behind reforms that the isolated and destitute North is believed to be trying and for which it desperately needs Chinese backing. Beijing has had difficulty managing the relationship with North Korea, which it views as a strategically critical buffer between itself and U.S. military forces in South Korea. But North Korea is often more cantankerous than China would like, in particular towards South Korea, even though the economic relationship between China and South Korea is far more important. Bilateral ties are also not always smooth. In May, North Korea seized a number of Chinese fishermen and boats in the Yellow Sea and demanded 1.2 million yuan for their release. China has expressed unhappiness with North Korea's nuclear weapons program, particularly with nuclear tests that have been conducted near the Chinese border, and is quietly lobbying against future tests. Beijing has supported international sanctions against the North in the past, and has also occasionally cut off economic aid, including critical oil shipments, but the desperate state of the North's economy has limited its leverage in Pyongyang. Experts and government sources who spoke to Reuters say China cannot go too far with such sanctions for fear of destabilizing the regime entirely, prompting a flow of refugees across the border into China. China and North Korea have moved to intensify economic cooperation through development zones in Rason on the North's east coast, and in the border area of Hwanggumphyong. So far North Korea has received around $300 million in non-financial direct investment from about 100 Chinese companies, mainly in the food, medicine, electronics, mining, light industry, chemicals and textile sectors. China's exports to North Korea rose 20.6 percent last year to $2.28 billion from 2010, while imports plunged 81.4 percent to $147.4 million, according to Chinese customs figures. Those numbers are dwarfed by trade with South Korea, China's third-largest trading partner. (Reporting by Pete Sweeney; Editing by Paul Tait) World China North Korea Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Saturday, 18 August 2012
Egypt's Mursi accused of stifling dissent in media crackdown |
Assange saga clouds freedom of speech agenda |
Israel strike on Iran would be disaster: Netanyahu's ex-deputy |
South Sudan says China to help build new airport in Juba |
Oracle, Google disclosures on paid bloggers lack sizzle |
Apple fires closing shots in Samsung trial |
PayPal could heat up mobile payments race if McDonald's test pays off |
Videogame players, the next Olympians? |
Real World star Joey Kovar found dead |
DreamWorks breathes fire into arena shows with Dragon |
Anti-gay Russian activists sue Madonna for $10 million |
Hunger Games success mind-blowing for Hutcherson |
U.N. names Algerian diplomat as Syria envoy; refugee crisis dire |
Kim visits North Korea's army unit that launched 2010 shelling of South |
China's Wen urges North Korea to let the market help revamp economy |
Iran's Ahmadinejad says no place for Israel in new Middle East |
Judge rejects Facebook settlement over ad feature |
U.S. SEC says shuts ZeekRewards.com $600 million Ponzi scheme |
After Olympics success, Bell poised for promotion at NBC |
Mine bloodbath shocks post-apartheid South Africa |
Budget breather for Greece would spur economic recovery: report |
Quake strikes Indonesia, child injured, houses damaged |
China protests over plans by Japanese group to visit near disputed islands |
Upbeat Swedish PM eyes corporate tax cut |
Bahraini teenager killed in clash with police |
At least 14 killed in Yemen attack on intelligence HQ |
Egyptian police, soldier injured in Sinai attack |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01