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But based on its own calculations and discussions with industry experts, RBC is bullish about the investments and eventual impact from one-day shipping. The firm also surveyed consumers and noted that Amazon is “tapping into real demand” from people who want next-day shipping.

But Wang said there is still plenty of room for growth in China's auto market in the long run and demand is robust.

But four decades later, instead of fleeing, people are flocking in. Nanling has been urbanized and emerged as one of the country's most affluent villages. The villagers collectively own an industrial park, which houses more than 40 enterprises, in addition to numerous office buildings, shopping centers and hotels. Each villager, as a shareholder, earns an annual bonus of more than 150,000 yuan (,520).

But its NYSE listing did not turn out to be a breakthrough for the company's financial performance. LITB's share price remained between and for years.

But cross-border relations have warmed after ROK President Moon Jae-in - who has championed dialogue with the DPRK since taking office last year - held a landmark summit in April with Kim Jong-un, the DPRK's top leader.