China Rare Earth Curbs Choke India Automakers, Add to Tensions
Indian automakers are facing conditions tougher than others in importing rare earth magnets from China, according to people familiar with the matter, risking a crippling shortage that may disrupt production within weeks.
Beijing has turned down at least two applications for India-bound shipments, industry and government officials in New Delhi said, asking not to be identified because the discussions are private.
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