'Hindi Chini Bhai-Bhai?' Beijing Resumes Rare Earth Magnet Shipments to India After 6-Month Freeze
China has resumed rare earth magnet exports to India after a six-month suspension, easing supply chain tensions for India's electric vehicle and electronics sectors.China has reopened rare earth magnet supplies to India after a six-month halt, offering critical relief to India’s electric vehicle, renewable energy and electronics industries. However, the resumed shipments come with strict geopolitical caveats amid heightened US –China trade tensions. According to a report by The Economic Times, Beijing has allowed four Indian companies to import rare earth magnets, but on the condition that the materials cannot be re-exported to the United States and cannot be used for military manufacturing. The move marks a significant thaw in supply chain friction triggered by China’s export control measures in April, imposed after US tariff escalations under President Donald Trump. Who Can Import? Four Indian Firms Get Clearance As per ET sources, the Chinese government approved imports for fo...