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Japan plans to jointly build an automotive industry alliance with ASEAN countries, invest 140 billion yen in the training of technical talents, promote environmental protection technologies, and deal with the competition in the electric vehicle market.

U.S. President Biden announced heightened tariffs on a number of Chinese industrial and technological products, raising concerns about a global trade war, with the WTO forecasting a trade growth of only 2.6% in 2024.

The Red Sea crisis caused ships to circumvent, cabin positions to be tense, and shipping prices are expected to continue to rise. Foreign trade companies need flexible adjustment strategies to diversify markets to meet challenges.

Tensions in the Red Sea have forced shipping companies to adjust routes, e-commerce prosperity, especially in Hong Kong, is driving the growth of the air cargo market, and logistics companies are looking for efficient solutions.

Chinas steel exports reached 3502.4 million tons in April 2024, global demand growth and government support to drive exports, facing global competition and market uncertainty, Chinas steel industry needs to optimize product structure.

In fiscal year 2023-2024, Chinas trade in India reached $118.4 billion, China surpassed the United States to become Indias largest trading partner, and Indias reliance on Chinese electronics increased.