President Lee Leases Tokdo to Japan for 100 Years to Build Porn Studio

islands.jpgOh, wait — that’s not it. It was North Korea that actually leased two islands to China to build (what else?) casinos. Yes, casinos. File that one under “stuff Chinese people like.” It might also go under “stuff that North Korean money launderers like.”

The difference being, the islands of Hwan Geum Pyong and Ui Hwa Do actually consist of arable farmland. Not that North has any shortage of that, of course.

I eagerly await the Hankyoreh’s reaction and the impact on North Korea’s impeccable nationalist credentials.

Correction: The Global Times, a not-all-that-well-loved ChiCom broadsheet, citing the Hankook Ilbo, says the islands will be the site of a “free trade zone.” Hat tip, .

9 Responses

  1. Just downstream in Dandong, China is also touting some new high-powered rifles among border guards, since this kind of thing has interested you in the past. Dandong also had some otherwise unreported “anti-terrorist drills” last week involving about 500 security forces. Now who could all of that be directed against?

    I have yet to see anything about this specific island leasing in the Chinese press (or on the relevant Liaoning government websites) these past few days amid the Korean War commemorations but such an announcement would fit nicely into the “China as older brother/capitalist mentor” trope and further represent Chinese attempts to drag North Korea into the expanding regional meetings on tourism, in addition to being problematic for the reasons you mention above.

  2. Gambling is evil! It’s like letting blood so you have something to drink ‘cuz you’re thirsty.

    Anyway, Hwan Geum Pyong –> HwanggÅ­mp’yŏng.

    Heh heh heh… it spells Gump.

    Good night!

  3. Their impeccable nationalst reputation is non existant in the international community. Its not like the average citizen will find out right?

  4. Here is a report from Global Times. The fact that the Chinese newspaper was reporting on Chinese-related news from the unconfirmed third party perspective of a not-all-that-well-loved Korean broadsheet daily which was in itself only reporting rumors and heresay on the world’s officially “most closed society” (copyright everyone, ever) notwithstanding, it seems to be true.

    Does that help?

  5. Blocked coz it’s blogspot, or blocked coz it is Destination Pyongyang. I’m inclined to think that if it is the latter, I must be doing something right…