What is the largest industry in North Korea?
Economy of North Korea
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As of May 2013, the Chinese banks, China Merchants Bank,[64] Industrial and Commercial Bank of China, China Construction Bank, and Agricultural Bank of China, stopped "all cross-border cash transfers, regardless of the nature of the business" with North Korea.[65] The Bank of China, the China's primary institution for foreign exchange transactions, said, on May 14, 2013, that "it had closed the account of Foreign Trade Bank, North Korea's main foreign exchange bank".[65][66] However, "smaller banks based in northeastern China across the border from North Korea said it was still handling large-scale cross-border transfers." For example, the Bank of Dalian branch in Dandong was still doing transfers to North Korea.[65]