Residents of Dandong, China’s biggest trading hub with North Korea, are set to reap an unexpected bonus from the North Korean leadership’s recent willingness to engage in international talks.
Property prices have risen sharply in Dandong in the month since Kim Jong Un passed through the border town in his armoured train to visit President Xi Jinping in March.
Local media have reported that the Dandong Property Registration Office, where buyers must register in order to obtain their official certificate of property ownership, had switched to an overflow system to handle the high level of interest over the past week.
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