China to open high-speed rail line to North Korean border

Ceres Broker- Trader Jane Yang in Dandong

China to open high-speed rail line to North Korean border

Chinese state media has reported that China will open a high-speed rail line to the North Korean border which should be completed in the latter half of 2014. The high-speed rail line has been under construction since 2010,

it should boost regional growth because  roughly 80% of China- North Korean trade passes through the city of Dandong.

The completion of the high speed rail will reduce the time between the industrial city of Shenyang and the border city of Dandong from three and a half hours to just one hour.

Ceres Ltd Broker- Trade JaneYang who spent six years in Dandong, believes that the link will be a big boost to the Dandong economy and could help boost cross border trade – If North Korea permits it.

David Nealis Ceres President in Dandong

I believe this is a good sign that China will continue to develop its economic ties with North Korea, and adds fuel to my theory that within a hundred years North Korea will become a part of China.

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