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  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...

  India has expressed its strong opposition to China’s Belt and Road Initiative (BRI) and its flagship project, the so-called China Pakistan Economic Corridor (CPEC) at the just concluded second UN Global Sustainable Transport Conference in Beijing. Priyanka Sohoni, the first Secretary at the Indian Embassy in Beijing while stating India’s position hit out at China’s BRI where her mike surprisingly went silent precisely at the point when she was highlighting New Delhi’s objection to the controversial projects. The conference was hosted by China in Beijing from 14th to 16th October under the aegis of the UN Department of Economic and Social Affairs (DESA).  The sudden “mike failure” at the UN conference ‘hitherto going on smoothly’, created a flutter and took several minutes to restore after which Indian statement could be completed. Sohoni said that expansion and strengthening of physical connectivity is an integral part of India’s economic and diplomatic initiatives. However,...