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Kim Jong-un
Asia

What do North Korean rice prices say about the supreme leader's power?

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Around two-thirds of North Korea's 24 million people are believed to suffer from inadequate food. Photo: Reuters

The cost of rice stabilised in North Korea over the past three months, suggesting that supreme leader Kim Jong-un was strengthening his grip on the military, said an expert at a South Korean state-funded think tank.

The all important price of rice, which hit highs of 7,000 won (US$7.8) per kilogram between January and April, was stable at 5,500 North Korean won (US$6.1) per kilogram May through July, according to data from the Korea Institute for National Unification (KINU).

The stabilisation is a result of the North Korea’s military releasing its rice war supplies on the orders of Kim, senior researcher Park Hyung-jung of KINU told the South China Morning Post.

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“Nothing happens in North Korea without the orders of Kim Jong-un, so the release of military reserves shows that he is in control of the military,” said Park.

North Korea’s top leader Kim Jong-un has been trying to consolidate his control over the military since he took power in late 2011. To this end, last July, he reportedly removed military chief Ri Yong-ho from his post, allowing Kim to take more control over the military, which was seen as the backbone of his father Kim Jong-il and grandfather Kim Il-sung’s power.

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The food situation is a major issue for the reclusive, communist country that commonly encounters famine and food shortages.

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