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China's economic growth decelerated during the three months concluding in the end of September as trade tensions with the United States intensified.

The world's second-largest economy grew by four point eight percent compared to the same period in 2024, representing its slowest rate in twelve months, according to government statistics published on the start of the week.

This financial information surfaces following China's implementation of comprehensive controls on its exports of rare earths - essential minerals for global electronics production, a decision that disrupted the fragile trade truce with the US.

The third quarter GDP growth will establish the tone for a gathering of China's top leaders this week to discuss the nation's development plan covering the period between twenty twenty-six and twenty thirty.

Key Financial Indicators

The four point eight percent growth in the July-September period represented a reduction from the five point two percent registered in the quarter ending in mid-year.

China's National Bureau of Statistics announced the economy displayed "remarkable durability and vitality" against external pressure, crediting momentum in its tech industry and business services as primary expansion factors.

The Chinese government has established a goal of "around 5%" economic growth this calendar year and has thus far prevented a sharp downturn, assisted by state intervention policies.

International Trade Situations

US President Donald Trump reacted swiftly to China's controls on critical minerals by proposing extra 100% tariffs on imports from the Asian nation.

American finance official Secretary Bessent indicated he anticipates to meet China's representatives this coming days in Southeast Asia in an attempt to reduce friction and arrange a meeting between the US President and his counterpart President Xi.

Prior to the latest escalation, China's companies had taken advantage of the commercial ceasefire with Washington to ship goods to the US, resulting in China's overseas shipments increasing by 8.4% in September.

Industry Performance

The overall worth of foreign goods to the country was also higher, while China's manufacturing production grew by six point five percent last thirty-day period from a year earlier.

Manufacturers in additive manufacturing, automation technology and EVs were among its strongest performers, while the services industry, which includes IT support, advisory firms, and transport and logistics, also experienced growth.

The Chinese economy continues to demonstrate significant durability despite increasing international commercial challenges and internal economic adjustments.