SEOUL -- More than half of North Koreans use the Chinese yuan as a hedge against sharp inflation and to protect the value of their assets, according to experts speaking at a seminar on Wednesday.
Korea Development Institute, a think tank backed by South Korea, said that the proportion of North Koreans who use the yuan reached 52.5% from 2013 onward, up from 23.4% between 2010 and 2012, based on surveys of North Korean defectors.
