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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Wild fox falls into tank in Thane, rescued after one-hour operation
Thane (PTI): A wild fox was rescued on Sunday after it fell into an open water tank in Thane's Shil area, an official said.
The rescue operation, which started at noon, was a coordinated effort between the Fire Brigade, wildlife personnel that took one hour, Thane Municipal Corporation disaster management cell chief Yasin Tadvi said.
"The fox fell into a tank located near Muktai residency on Kalyan-Shilphata road. The rescue proved challenging due to the confined space of the tank. However, through the combined efforts of the fire brigade and forest officials, the fox was safely pulled out after nearly an hour of careful manoeuvring," Tadvi said.
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Following the rescue, the animal was checked for injuries and taken by the forest department for further observation before its eventual release, he said.
