The South Korean government has promised to support the semiconductor industry and strive for an export target of US1120 billion
22 March 2024
韓國產(chǎn)業(yè)通商資源部長官安德根上周四承諾,政府將繼續(xù)大力支持半導(dǎo)體產(chǎn)業(yè)發(fā)展,加快開發(fā)高帶寬存儲器和人工智能芯片等領(lǐng)域,力爭實現(xiàn)每年1200億美元的芯片出口目標。 在參觀韓國主要芯片制造商SK海力士位于全羅南道新建廠址時,安德根表示,政府計劃制...
EU plans to impose tariffs on Russian white grains to ease farmers’ dissatisfaction with Ukrainian products
March 21, 2024
According to internal sources, the European Commission is considering imposing import tariffs on grain from Russia and Belarus, attempting to appease some member states and European farmers dissatisfied with the influx of Ukrainian agricultural products. Reports suggest the EC will propose €95 (approximately $103) per ton tariffs on grain from Russia and Belarus, with oilseeds and their derivatives...
South Koreas auto exports decreased in February, and new energy vehicles were hit
March 21, 2024
The latest data released by the Ministry of Industry and Commerce on March 19 revealed the challenges facing the countrys automotive export industry. According to the report, in February this year, South Koreas automotive exports reached $51,6 billion, down from the same rate by 7.8%, showing a declining trend for three consecutive months, reaching the lowest level since January 2023 ($49,8 billion).
EU considers reviewing dependence on Chinese chips
March 20, 2024
According to Bloombergs latest report, the EU is considering launching a formal review to assess regional companies reliance on mature process chips imported from China. This move suggests the EU may follow the U.S. in examining potential national security and global supply chain risks from China dependence. According to a draft working statement seen by Bloomberg, the EU...
Shanghais semiconductor equipment imports surge
March 20, 2024
Recent Shanghai Customs data shows significant growth in semiconductor manufacturing equipment imports during the first two months of 2024. Particularly for machines and apparatus for manufacturing semiconductor devices or integrated circuits, both import volume and value saw substantial increases. Statistics indicate that from January to February 2024, Shanghais imports in this...
Chinas steel export growth faces future fluctuations
March 20, 2024
According to China Customs statistics, Chinas steel exports achieved significant year-on-year growth in January-February 2024, demonstrating the Chinese steel industrys global competitiveness. However, Lange Steel Research Center analysis notes that despite current export growth, short-term fluctuations are inevitable due to changing international market conditions. During these two months...
Nissan, Honda to team up to counter rise of Chinese electric cars
March 19, 2024
In the face of increasing global competition in the field of electric vehicles (EV), Japans two major automobile manufacturers, Nissan and Honda, have begun to explore cooperation in the field of electric vehicles and vehicle software.According to the Japan Economic News, this partnership is intended to respond to the growing market offensive of Chinese electric vehicle companies, especially companies such as Biady in the global market.
India lowers import tariffs on electric vehicles to attract global car companies
March 19, 2024
In a major policy adjustment, the Indian government decided to cut import tariffs on multinational electric car companies as long as these companies pledged to build a local factory to produce electric vehicles in India. This strategy aims to attract global automakers such as Tesla and VinFast to turn India into a global manufacturing center for electric vehicles while promoting employment and reducing the country’s oil imports and...
South Koreas cross-border e-commerce imports from China surge 70%
18 March 2024
According to recent data released by the South Korean Customs Administration (Customs), the number of cross-border e-commerce goods imported by South Korea from China increased by 70.3 percent in 2023, reaching 8881.5 million units, a growth rate far higher than the overall import growth rate. This data highlights the growing importation of Chinese markets in cross-border e-commerce in South Korea. Last year, the total volume of cross-border e-commerce imports in South Korea...
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