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Invest in North Korea? It’s Been a ‘Nightmare’ for Some Who Did

  • Trump promises trade and investments if Kim denuclearizes
  • Optimists see North Korea as the mother of turnaround plays
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U.S. vs North Korea: A Fraught History
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North Korea continues to stiff Sweden over a bill for 1,000 Volvo sedans shipped back in the 1970s; a Chinese mining company called its four-year venture in the isolated nation a “nightmare”; and an Egyptian telecoms giant doing business there can’t repatriate its profits.

All of which explains why North Korea has a well-deserved reputation as a corporate graveyard for foreign investors. And that raises an interesting question as Donald Trump and Kim Jong Un prepare for a high-stakes summit on June 12 in Singapore.