China adds export controls on tunnel-boring machines sought by India
China's commerce ministry imposed export controls on tunnel-boring machines and adjusted controls on some dredgers, citing national security. Separately, its solar equipment exports fell 6.4% in September as Beijing weighs controls on solar manufacturing technologies.
Why it matters
Restrictions could slow infrastructure projects in India and reshape clean-energy supply chains.
Background
China dominates manufacturing of heavy machinery and solar equipment. It has increasingly used export controls as a tool in trade disputes.
The story so far
- EU sends envoy to Beijing over surge in Chinese exports
- China proposes export controls on solar manufacturing technology
- China adds export controls on tunnel-boring machines sought by India
Sources
- The Hindu ↗Oct 19, 6:53 AM ET
- OilPrice ↗Oct 19, 8:30 AM ET
This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.