North Korean capitalism is thriving - just not inside North Korea. Pyongyang has steadily established a string of legitimate and less legitimate front companies across East and Southeast Asia, aimed at earning the cash-strapped government badly needed hard currency. And, by all indications, business is booming.
Consider, for instance, Cafe Pyongyang, one of Vladivostok's most popular eateries. It is so popular, in fact, that there are plans to build a new restaurant in the shape of a North Korean peasant's hut, similar to the one where the late leader Kim Il-sung was born in 1912. Here, gracefully clothed North Korean women serve up traditional Korean fare, while patrons sing popular Korean tunes.
"Y'want weeds with that?" | Similarly themed restaurants have popped up in Beijing and Shanghai in China, and Phnom Penh and Siem Reap in Cambodia. But this by no means represents a North Korean business diaspora similar to the ethnic-Chinese community that now controls a large swath of Southeast Asia's economy. Rather, the Pyongyang government owns and operates all of the eateries - and their regional interests reach far beyond restaurants.
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