Article

China will implement strict export licensing regulations for silver starting January 1, 2026, requiring government approval for a significant portion of the global refined silver trade. This move raises concerns for industries reliant on silver, such as electronics and solar power, particularly affecting India's imports, which accounted for 40% of its silver from China and Hong Kong during 2025. With China dominating silver refining capacity, the new rules could disrupt global supply chains and impact India's $7 billion silver import total.