China and North Korea: Strengthening Ties

China and North Korea: Strengthening Ties

June 9, 2026 · 12 min

About this episode

The episode discusses Xi Jinping's visit to North Korea, Indonesia's interest rate hike, and the upcoming IPOs of SpaceX and OpenAI.

Chinese President Xi Jinping has wrapped up a two-day visit to North Korea featuring military honours, public displays of friendship and talks with Kim Jong Un. While few concrete agreements emerged, the trip sends a clear signal that Beijing wants to strengthen its relationship with its isolated neighbour. Plus, Indonesia's central bank has unexpectedly raised interest rates in an effort to stabilise the rupiah after its sharpest decline in years. And the race to public markets is accelerating. Just days before SpaceX is expected to begin trading, OpenAI, the company behind ChatGPT, has confidentially filed for an initial public offering. We look at what could be one of the most significant listings in the technology sector for years. Presenter: Leanna Byrne Producer: David Cann

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