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China's Party journal signals trade rebalance urgency amid protectionism, geopolitical tensions

China's official Communist Party journal Qiushi has reinforced Beijing's strategy to shift away from export-dependent growth, framing the transition as necessary amid rising global protectionism and geopolitical instability. The statement acknowledges structural weaknesses in China's foreign trade sector and suggests accelerating pivot toward domestic consumption and services. This reflects leadership consensus on long-term economic restructuring while signaling adaptation to a more fragmented global trade environment.