South Korea's President Lee Myung-bak said Tuesday he has 'high hopes for a change in attitude' from North Korea and implied that South Korea might consider significant aid for the North’s dilapidated economy.
After recent meetings with China, North Korea seems to have its own version of trickle-down economics and emerging markets.
North Korea told China's visiting Prime Minister Wen Jiabao it will return to six-party talks it abandoned in April. But first, it wants bilateral talks with the US.
Many see Pyongyang's recent friendly gestures as a tactical move. The US moved Tuesday to freeze the assets of two North Korean entities, while South Korea accused the North of unleashing a deadly flash flood.