India had previously raised concerns about China’s sudden restrictions on essential exports. The ban on fertilizers impacted the Rabi farming season, while delays in tunnel boring machines slowed down infrastructure projects. Furthermore, restrictions on rare earth mineral exports created shortages in the auto and electronics industries, potentially disrupting production. The recent lifting of these restrictions by China, following discussions during Wang Yi’s visit, addresses these concerns and paves the way for improved trade relations.
Impact of China’s Export Restrictions and the Recent Lifting of Curbs
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