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India expands rare-earth magnet incentives, allows limited Chinese imports under strict export rules.
India is tripling its incentive program for rare-earth magnet production, issuing licenses for limited imports from China under strict conditions—prohibiting exports to the U.S. and use in defense applications—signaling improved bilateral ties and a strategic push for self-reliance in critical tech supply chains.
This move comes amid global shifts in trade and technology policy, including Bitcoin ending its seven-year streak of monthly gains, the APEC summit concluding with a joint trade declaration, and a major broadcast disruption in the U.S. as Disney and YouTube TV failed to renew their agreement, cutting off ESPN and ABC.
The UK’s energy regulator unveiled plans to address £4.4 billion in unpaid household energy bills.
La India amplía los incentivos de imanes de tierras raras, permite importaciones chinas limitadas bajo estrictas reglas de exportación.