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China announced the cessation of the production of raw materials for urea to South Korea, and as a result, South Korea's Yoon Suk-yeol was furious, and 6 ministers were replaced in just 24 hours. This move to "cut off supply" directly plunged South Korea into chaos.
It turned out that urea was the "Achilles heel" for South Korea. In 2021, there was a urea crisis in South Korea, when South Korea** and even South Korea** asked China to provide urea to tide over the difficulties. Unexpectedly, history repeated itself two years later, and China's "supply cut-off" directly caused South Korea to change its blood.
In the face of accusations from the South Korean side,The General Administration of Customs of China explained that the move was purely due to China's domestic tensions, the need to prioritize domestic demand, and had nothing to do with politics. But the panic in South Korea has been difficult to quell.
It is curious why South Korea has acted so heavily in the face of China's supply cutsHow important is the "urea crisis" for South Korea?
In recent years, relations between South Korea and China have gradually cooled, but there is no sign of easing, and in the final analysis, it is because of the fuse of THAAD.
In order to cling to the thigh of the United States, the ROK has done everything in its power to abandon the friendly relations that it has built up with great difficulty.
For example, in recent years, it has issued some unfair acts against China, and even expelled our ambassador from the country.
Originally, Japan was reluctant to deal with South Korea's small actions, but if repeated provocations were not counterattacked, they would be considered capitulation!
Our country only needs to move its little finger to stir up the situation in South KoreaSouth Korea, for example, is very dependent on the import of AdBlue solution from China.
After China began to counteract South Korea, it restricted the export of automotive urea solution to South Korea, and before that, it also restricted the export of graphite, but this time South Korea's reaction was far more exciting than last time.
If South Korea can still accept the restriction of graphite exports, then the vehicle urea solution completely touched South Korea's thunder, for which Yoon Suk-yeol fired six relevant ministers in a fit of anger.
South Korea is once again in crisis due to a shortage of AdBlue and China recently suspended the export of AdBlue to South Korea, which is highly dependent on Chinese imports, in a difficult situation.
There are 97 in South Korean vehicles6% of industrial urea comes from ChinaAfter the cessation of exports from China, South Korea had only 3 months of stocks. Once this inventory is depleted, South Korean logistics could be paralyzed.
South Korea needs 4 million vehicles a year that use urea, which mainly use diesel engines and need to be refueled with urea to meet emission standards. Without urea, these diesel vehicles would not be able to run properly. WhileSouth Korea does not have sufficient production capacity to replace urea in China, so it has to rely on imports. As a result, South Korean vehicles are paralyzed once imports are disrupted.
In fact, in 2021, South Korea had a rush to buy due to China's reduction in urea exports, and a large number of car owners had to wait in line or hoard urea. For a time, the Korean automotive industry was in turmoil. South Korea** had to ask China to increase its exports.
China's export control is mainly due to the consideration of protecting domestic **As domestic demand grows, China also needs to ensure that local companies have enough urea for production. This is a normal business practice and there is no political element to it. China also did not impose a blanket ban on exports, but only suspended its signing.
Despite this, this export sampling inspection still made South Korea's ** and enterprises highly nervous, and South Korea held several emergency meetings to discuss countermeasures. As a producer of 97% of the world's industrial urea, China effectively controls the lifeblood of South Korea's auto industry。At present, it is also difficult for South Korea to find alternative import channels in a short period of time.
Some analysts believe that this crisis is also related to South Korea's new ** policy. The newly inaugurated Yoon Suk-yeol is clearly inclined to be anti-China, which has also affected Sino-South Korean relations. Yoon even openly interfered in China's internal affairs, which further irritated the Chinese side. Therefore, some people believe that this export control is retaliatory in nature.
South Korea's economy is too dependent on the Chinese market and supplies. This urea shortage crisis is just the beginning. In the future, China and South Korea need to strengthen cooperation on more important raw materials to ensure the stable operation of South Korea's economy.
Industry insiders believe that South Korea must deeply reflect on whether it has offended China on the issue of its political stance. Only by restoring political mutual trust can South Korea's economy truly get out of its predicament.
As the face of South Korea, South Korea's ** report on China's restriction of vehicle urea solution is very interesting, they say that the urea crisis is not a political factor, but a normal adjustment of our country**.
South Korea is still doing a good job of finding face for its own country, after all, no one wants to bear the fate of being countered, and South Korea must find it for itself.
When China decided to restrict urea exports to South Korea, South Korean politicians and industry reacted quickly and paid close attention to the impact of the incident. As a key raw material for industrial production, the supply of urea is related to the stable operation of the Korean economy。After learning the news, South Korean companies have sought confirmation in the hope of clarifying the motive for the move.
In the face of domestic pressure,Yoon Suk-yeol has taken active actions to send goodwill to China, hoping to resume exchanges as soon as possible to ensure a stable import of raw materials such as urea. At the same time, Yoon Suk-yeol implemented a large-scale cabinet reshuffle and removed a number of key ministers, including the economy, agriculture and other fields, sparking speculation.
Some analysts believe that there may be two considerations for this cabinet reshuffle:The first is to increase Yoon Suk-yeol's approval rating in preparation for next year's parliamentary election, and second, to deal with the economic difficulties that South Korea is currently facing, such as inflation and declining economic growth. Although the cabinet reshuffle does not seem to be directly related to China's urea restrictions, it reflects the deep-seated problems in South Korea's political economy.
Indeed, South Korea's current political and economic situation is not optimistic, and in terms of foreign relations, South Korea has continuously strengthened its alliance with the United States and Japan in recent years, and has a clear estrangement from China.
This has seriously affected the cooperation between the two countries in the fields of ** and investment. As South Korea's largest partner, China is crucial to its industrial chain in terms of raw material supply. The deterioration of relations between the two countries has increased the risk to South Korea's economy.
Against this backdrop, it is necessary for South Korea to re-examine its China policy and form a more objective and rational understanding of China. There is tremendous room for complementarity and cooperation between China and South Korea. Confrontation will not bring any benefit to South Korea, but will only make its economic prospects more worrisome.
South Korea also needs to recognize the general trend and correct its strategic positioning, and in the context of geopolitics, China's influence in East Asia is increasing, a trend that no country can change. South Korea should follow the trend, view China's development rationally, seize the opportunities, and achieve mutual benefit and win-win results.
South Korea is facing a dilemma, and Yoon Suk-yeol is reshuffling. China-South Korea relations stand at a crossroads, and there is a lot of fog ahead. If the South Korean side is obsessed, it will only make matters worse, and if it thinks about it in the long run, it may be able to break the situation and rectify it. China's door has never been closed, and the opportunity is still there, only in the South Korean side's thoughts.
After this crisis in South Korea, whether Yoon Suk-yeol should think about how to treat his big boss, if South Korea still does not know the current affairs, then my country does not mind giving South Korea another heavy blow.
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