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Chinas steel exports continue to grow in early 2024, but in the face of global market changes and price competition, short-term export volatility is inevitable.

In the face of the rise of Chinese automakers, Nissan and Honda are considering jointly developing electric vehicles and vehicle software, including joint procurement and technology sharing, to boost competitiveness.

The Indian government has decided to lower import tariffs on electric vehicles on the condition that global automakers need to invest and build factories in India in order to make India a global manufacturing hub for electric vehicles.

The government opened up food and medicine imports, shortened payment terms, aimed at lowering prices, mitigating inflationary pressures and increasing market competitiveness.

Chinese buyers have repeatedly canceled U.S. wheat orders, reaching a total of 50.4 million tons.U.S. wheat exports have fallen to the lowest level in half a century, replacing Brazil with the U.S. as the world’s largest corn exporter.

The South Korean government and major enterprises are taking action to reduce China’s dependence on key mineral resources such as lithium hydroxide and titanium, in response to changes in the global trade environment.