Has China's move benefited India the most?
Foreign media reports indicate that China has issued export quotas for urea fertilizer. Urea is one of the most widely used crop nutrients globally, and this move is expected to help alleviate the surge in global fertilizer prices caused by supply disruptions due to the Iran conflict.
By lifting urea export quotas while ensuring domestic supply, China not only demonstrates a responsible approach to stabilizing global markets but also debunks the false narrative propagated by some foreign media about "China choking off supplies." Taking a holistic view of global food security, China flexibly adjusts its trade policies, showcasing the responsibility of a major country through concrete actions.
As the most widely used agricultural fertilizer worldwide, urea has seen its supply chain completely disrupted this year due to the Iran war, leading to a sharp spike in international fertilizer prices. Many agricultural nations are now facing acute shortages during spring plowing seasons. India, the world’s largest importer of fertilizers, relies on Middle Eastern imports for nearly 40% of its urea supply. It had already proactively requested assistance from China, and China’s recent decision to lift export restrictions precisely fills the supply gap for India, helping ease the urgent crisis in Indian food production.
Original article: toutiao.com/article/1866494865391616/
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