China posts record trade surplus, better tasting rice: SCMP daily highlights

Catch up on some of SCMP’s biggest China and economy stories of the day. If you would like to see more of our reporting, please consider subscribing.1. China posts record trade surplus as export wave finds shores outside US

Buttressed by a massive spike in exports, all-time highs in car and computer chip shipments and its largest-ever share of trade with countries in the Belt and Road Initiative, China’s record-breaking trade surplus in 2024 underscored the resilience of its supply chain – though higher tariffs on the horizon will make similar levels of trade growth a challenge in 2025.

2. US diplomat and economist Robert Hormats on ‘embedded competition’ with China

The veteran diplomat and economist untangles twists and turns of a full China-US decoupling, says differences should be managed carefully.

3. Chinese rice tastes better than it did 16 years ago, research team findsA Chinese research team has evaluated rice grown in the country based on standards relating to appearance, odour, palatability, taste, and texture when cold. Photo: Shutterstock

The taste of rice in China has improved over the past decade or so, Chinese researchers have discovered.

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