China’s record-breaking trade surplus, better tasting rice: SCMP daily highlights

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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 finds

A 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
A 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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