China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs
Hong Kong (AP/PTI): China's exports in December grew at a faster pace than expected, as factories rushed to fulfill orders amid uncertainty over trade tariffs that could be imposed by US President-elect Donald Trump.
Exports in December grew 10.7% compared to the same period last year, beating estimates of about 7%.
Imports also beat estimates, growing 1%. Analysts expected imports to shrink about 1.5% compared to the same period last year.
Trump has pledged to impose 10% tariffs on Chinese goods and close some loopholes that exporters currently use to sell their products more cheaply in the U.S. If enacted, his plans would likely raise prices in America and squeeze sales and profit margins for Chinese exporters.
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Over 105 flights cancelled, more than 450 services delayed due to fog at Delhi airport
New Delhi (PTI): More than 105 flights were cancelled and over 450 services delayed due to low-visibility conditions amid fog at the Delhi airport on Sunday.
An official said at least 55 arrivals and 52 departures were cancelled at the airport.
According to latest information available on flight tracking website Flightradar24.com, more than 450 flights were delayed and the average delay time was around 36 minutes for departures at the airport.
In a post on X in the evening, Delhi airport operator DIAL said operations are running smoothly.
DIAL operates the Indira Gandhi International Airport (IGIA), the country's largest airport that generally handles around 1,300 flights daily.
Flight operations have been disrupted for the past many days in Delhi and other airports due to dense fog.
