Germany shelves Nord Stream 2 pipeline

Re:Germany shelves Nord Stream 2 pipeline by eatonphil on Tuesday February 22, 2022 @08:30AM (#30427670)

I don't think China benefited per se (let alone profited) by being the only one with economic ties to North Korea. As I understand it it's a pretty parasitic relationship. China's reason to help North Korea is more so political and territorial than economic.

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Re:Germany shelves Nord Stream 2 pipeline by davrosthedalek on Tuesday February 22, 2022 @10:30AM (#30429129)

It also guarantees them exclusive access to rare earth deposits in North Korea, I thought that was also a major point. They certainly have interest in a stable NK, not a "Maybe I press the red button today" NK.

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Re:Germany shelves Nord Stream 2 pipeline by stjohnswarts on Tuesday February 22, 2022 @02:46PM (#30432673)

If China didn't subsidize N. Korea the country would fall into ruin and they would have a refugee crisis on their hands.

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Re:Germany shelves Nord Stream 2 pipeline by eatonphil on Tuesday February 22, 2022 @03:00PM (#30432874)

That's still a negative reason though. Profit is a positive reason.

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Re:Germany shelves Nord Stream 2 pipeline by stjohnswarts on Thursday February 24, 2022 @10:13PM (#30463338)

I'm pretty sure on the whole N. Korea is a money sink for China in the forseeable future.

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