China wins 50-year control of strategic N. Korea port in $3-billion deal

China wins 50-year control of strategic N. Korea port in $3-billion deal

Special to WorldTribune.com Compiled by Miles Yu, Geostrategy-Direct.com China has scored a major strategic victory by concluding a $3-billion deal with Pyongyang to lease the Rason Port along the northern stretch of the Chinese-North Korean border for 50 years. According to reports from Beijing and South Korean media, China is to build within the Rason […]