Kim health rumours highlight underrated risk factor
Subject The threat to North Korea's political stability were supreme leader Kim Jong-un to die. Significance Seoul and Beijing both insist all is normal in North Korea, contrary to unattributed news reports -- which the United States and others are monitoring -- that supreme leader Kim Jong-un is gravely ill after heart surgery. Last seen on April 11, Kim missed a key anniversary on April 15. Impacts March was a record month for missile tests, but all were small; intercontinental ballistic missile or nuclear tests are too risky for now. A COVID-19 epidemic would dent lingering hopes of life improving under Kim. New prestige projects with tight deadlines will impose additional hardship. Despite sharply reduced bilateral trade, China will use back channels to ward off risk of regime collapse.