this post was submitted on 21 Sep 2025
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There are special economic zones like Rason with limited and controlled private capital, as well as foreign investment. A foreign business owner stayed and lived in the DPRK and wrote the book A Capitalist in North Korea: My Seven Years in the Hermit Kingdom.
The DPRK is one of the most overwhelmingly publicly owned and planned economies on the planet, but they do have limited private capital, similar to but less than Cuba.
TIL; thanks.
Seems to have been helping them greatly with increased trade with Russia and China.