"Through this supply crisis, Korea, the United States, and Europe should all clearly recognize China's important position in the global supply chain. If Western countries persist in fighting back, they will inevitably collapse on their own." >


The Chinese media have been reporting on Korea's 'Urea Water Crisis' with exceptional concentration, highlighting Korea's dependence on raw materials for urea water, and 'raising the status of China'.



In particular, some media outlets praised their country by conveying the current situation of major countries in the world that are highly dependent on China, and at one time, on the Chinese portal site Baidu, a search term 'Korea, asking for help from China due to lack of vehicle elements' climbed to the top of the list.




Chinese internet media Peng Pai said, "Korea's automotive components are almost entirely dependent on China."



On the 9th, the online media operated by state-run Chengdu TV, Xun Nyao Zixun, published an article titled 'Korea sent a special envoy to China to assess', saying, "(Korea) is a powerhouse in the petrochemical industry, and it is not that it does not have the ability to produce urea." "The Korean government has adopted economic policies favorable to the chaebol, but is passive in areas where there is no economic interest," he said.



He said, "We have not been self-sufficient or have a stockpile system of important strategic resources related to the national economy and people's lives.



He added, "Through this supply crisis, Korea, the United States and Europe should all clearly recognize China's important position in the global supply chain. If Western countries persist in pursuing countermeasures, they will inevitably be harmed." I took it as an opportunity.



Meanwhile, according to the Korea International Trade Association, out of 12,586 imported items from Korea as of January-September this year, 3,941 items depended more than 80% on a specific country, of which 80% were imported from China. There are 1,850 items that exceed this, accounting for about half.



This is why there are voices calling for diversification of importing countries as well as checking the overall supply and demand of raw materials that are highly dependent on China.



This is a 'news pick'.



(Photo = Yonhap News, Capture of Baidu homepage)



▶ [Pick] Korea, which had the 'world's largest element factory' 50 years ago, collapsed due to dependence     

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