Qiushi reaffirms China’s trade-rebalance push, calls old export-led growth ‘unsustainable’

Source: China – South China Morning PostChina’s top Communist Party journal has reaffirmed the country’s push to rebalance trade, saying a worsening global environment marked by rising protectionism and geopolitical tensions is adding urgency to its ongoing shift from an “unsustainable” export-driven growth model.
“The underlying conditions, and both domestic and external environment shaping China’s trade balance, are undergoing profound changes, while deep-seated weaknesses in the foreign trade sector remain pronounced,” said a…Read More

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