China to advise North Korean central bankers

UK - North Korea has sent a delegation of central bank officials to study China's financial system and commercial banking in one of the first signs that Pyongyang may be considering much needed financial reform.

The delegation, which comprises eight people from the upper echelons of the North Korean central bank, arrived in Beijing this month and was scheduled to spend three months in seminars and on-the-job training at each of China's "big four" state banks, Chinese banking officials said.