Our Scans · Busan · Weekly Summary

• [New] Another is South Korea, where Polestar - a luxury EV brand owned by China's Geely-will manufacture its Polestar 4 SUV in 2025 at a Renault factory in Busan. Fortune
• [New] An extra point of importance Busan could highlight as a candidate city would be its strength as a primary gateway to the Asia-Pacific, one of the world's most vibrant and prosperous regions. The Korea Times
• If the NTC project is realized, the transshipment port on the east side of the NSR will be Vladivostok, so it will be possible to increase the transshipment volume of Busan Port by participating in the container feeder service between Vladivostok and Busan Port. Cello Square
• The United States will be seeking to expand China's supply of rare earth elements, as agreed to at the first Trump-Xi meeting in Busan last year, as well as further Chinese cooperation to block exports of fentanyl precursors. Center for Strategic and International Studies
• Another key component of the Busan deal may be easier to follow up on: China's pledge to purchase twelve million metric tons of US soybeans by the end of 2025 - and at least twenty-five million metric tons in 2026, 2027, and 2028. Atlantic Council
• While cities like Busan and Incheon offer more affordable options, they lack Seoul's economic opportunities and amenities. Bamboo Routes
• The government of the most dynamic country on the planet today considers the Arctic route a great opportunity to increase the competitiveness of its external sector and turn the port of Busan, the large intercontinental port closest to the Arctic, into a polar Singapore of the 21st century. PierNext
• Singapore Airlines is projected to formalise its selection of Starlink, following in the footsteps of the Hanjin Group of airlines (Korean Air, Asiana Airlines, Jin Air, Air Busan and Air Seoul), which signed up last week. Valour Consultancy
• Busan said it will monitor supply conditions continuously and adjust allocations by vehicle type to prevent early exhaustion of subsidy quotas, a problem that has affected some other South Korean local governments as EV demand grows. Automotive World
• A vessel with a capacity of 3,000 TEU is expected to sail from Busan to Rotterdam around September, when ice coverage is expected to be at its lowest. etc.bellona.org
• LG launches containerized data center offering, plans 60 MW deployment in Busan, South Korea. DataX Connect

Last updated: 24 June 2026