China's critical mineral squeeze: GTRI urges urgent localisation drive; reverse-engineering push seen key to cutting $100 bn trade gap
Thursday, 3 July 2025 () China's mineral export restrictions pose a challenge to India's industries. Global Trade Research Initiative urges India to reduce dependence on China. They suggest reverse-engineering and local production. Restrictions impact electronics, defense, and clean energy sectors. Trade deficit with China has surged. Chinese firms dominate key Indian supplies. GTRI proposes industrial labs for domestic capacity building.
For the first time since taking power, Chinese President Xi Jinping is skipping the BRICS Summit, sending Premier Li Qiang to Rio de Janeiro in his place. Xi’s absence raises questions amid global trade turmoil and U.S. tariff threats. While China remains committed to the BRICS vision, experts say...
The EU-China summit in Beijing ended early as tensions soared over China's deepening alliance with Russia amid the Ukraine war. Despite efforts to focus on trade, climate change, and rare earth supply..
EU hails progress on China's rare earth curbs but insists trade be rebalanced
After a one-day summit in Beijing, the European Union insisted on the need to immediately rebalance trade relations with..
Credit: euronews (in English) Duration: 02:08Published
Trump’s decision to withdraw the U.S. from UNESCO has sparked backlash, with China accusing Washington of abandoning its global responsibilities. Beijing has pledged continued support for UNESCO and..