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South Korean President Moon Jae-in,left, sits down for tea with North Korean leader Kim Jong Un on April 27. (Pool photo)   © Kyodo
China up close

Kim initiates socialism with North Korean characteristics

Beijing's hopes for a Chinese-style reform will flop if leader teams with US

KATSUJI NAKAZAWA, Nikkei senior staff writer | China

TOKYO -- In a rare admission of its economic struggles, North Korean leader Kim Jong Un acknowledged that his country's railroad system was far behind South Korea's when he met President Moon Jae-in last Friday.  

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