China’s trade data for December surpassed expectations, with exports increasing by 10.7% in US dollar terms, while imports rose by 1.0%, reversing previous contractions. The country’s stimulus measures and frontloading of shipments by exporters amid tariff concerns have supported industrial demand, with a weak yuan boosting outbound shipments, although the outlook remains uncertain due to potential tariff hikes and a real estate crisis impacting domestic demand.
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Boeing 787 Dreamliner narrowly avoided crash after engine failure
A United Airlines Boeing 787 Dreamliner had to turn back shortly after takeoff from Washington Dulles due to an engine failure, declaring a 'Mayday' at 5,000 feet. The crew safely landed the aircraft back at the airport without injuries, while the plane remains grounded for inspection amid ongoing scrutiny of the 787's safety following other recent incidents. Want More Context? 🔎
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