The Fourth Ministerial Meeting of the China-CELAC (Community of Latin American and Caribbean States) Forum, held in 2024, marked a significant step in strengthening economic and trade cooperation between China and Latin America. As one of the key sectors in bilateral trade, the automotive parts indu
The global automotive supply chain has faced significant challenges in recent years, particularly due to rising trade tensions and the imposition of high tariffs by the United States. These tariffs, aimed at protecting domestic industries, have disrupted traditional trade flows, especially in the au