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- China is buying electricity from North Korea and will reportedly pay between $ 60,000 and $ 100,000 a month.
- North Korea has persistent power shortages and much of the country plunges into darkness at nighttime.
- Selling its much-needed electricity indicates sanctions are hurting North Korea’s cash reserves.
Despite persistent power shortages, North Korea is reportedly selling electricity to China for cash.
The deal, which reportedly began on February 9, will see China pay between $ 60,000 and $ 100,000 a month for power generated by a hydroelectric dam close to the border between the two countries, according to Seoul-based news outlet Daily NK.See the rest of the story at Business Insider
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