Supply Chain Alert: China Temporarily Suspends Urea ExportsChina has halted exports of urea once again after two months due to domestic fertilizer supply issues. However, as South Korea diversifies its urea import, the domestic impact is expected to be limited. On June 18, The Ministry of Strategy and Finance announced, “On the 7th, the government became aware that the export clearance of […]
U.S. and Japan Forge Alliance to Tackle China's Semiconductor SupremacyUpcoming Summit to Confirm CooperationPlans to Collaborate with G7 and Others The United States and Japan are set to bolster their semiconductor alliance against China, expanding the front to include general-purpose semiconductors. According to Yomiuri Shimbun, on the 2nd, the United States and Japan reached an agreement to reinforce their cooperation in establishing a semiconductor […]
China's Xi Warns Against Tech Decoupling in Meeting with Dutch PMIn a meeting with Dutch Prime Minister Mark Rutte on the 27th, Chinese President Xi Jinping stated, “Artificially creating technological barriers and shutting down industries and supply chains will only lead to division and confrontation.” According to China Central Television, President Xi, who met with Prime Minister Rutte on a working visit to China at […]
Biden's Inflation Battle: Stop Price Gouging, Strengthen Supply ChainsPresident Biden warns companies to stop price gouging, emphasizing the need to lower prices amid supply chain improvements.
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