Reports citing sources claimed that during the two-day visit to New Delhi, Chinese Foreign Minister Wang Yi assured External Affairs Minister S. Jaishankar that his government will lift the restrictio

China has lifted restrictions on exports of rare earth magnets to India as Foreign Minister Wang Yi assures New Delhi on addressing concerns over magnets, fertilisers, and tunnel boring machines ahead of his meeting with PM Modi and NSA Ajit Doval.

Back in April, Beijing tightened the screws on exports of seven key rare earth elements and magnets, citing end-use checks and stricter licensing rules. For India, which depends on China for over 80 per cent of its magnet imports,