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The Chinese economic growth decelerated during the three months concluding in the end of September as trade tensions with the US escalated.

The global number two economy expanded by 4.8% compared to the same period in 2024, representing its weakest pace in a full year, according to official statistics released on the start of the week.

This economic data emerges following China's implementation of extensive controls on its shipments of rare earths - critical minerals for worldwide technology production, a decision that rocked the fragile commercial ceasefire with the US.

The three-month period gross domestic product expansion will set the tone for a meeting of China's top leaders this week to examine the nation's development plan covering the period between twenty twenty-six and 2030.

Important Economic Indicators

The 4.8% expansion in the July-September period signified a slowdown from the 5.2% recorded in the three months concluding in mid-year.

China's statistical authority announced the economy displayed "remarkable durability and dynamism" against external pressure, crediting growth in its technology sector and business services as primary growth drivers.

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

International Trade Situations

American leader Donald Trump responded promptly to China's controls on rare earths by threatening additional double duties on imports from the Asian nation.

American finance official Secretary Bessent stated he anticipates to meet China's representatives this week in Southeast Asia in an effort to ease tensions and arrange a meeting between the US President and his counterpart Xi Jinping.

Before the latest escalation, Chinese businesses had taken advantage of the trade truce with Washington to ship goods to the US, resulting in China's overseas shipments increasing by 8.4% in last month.

Sector Performance

The overall worth of imports to China was also up, while China's industrial output grew by six point five percent last thirty-day period from a year earlier.

Producers in additive manufacturing, robotics and EVs were among its strongest performers, while the services industry, which includes technology services, consultancies, and transport and logistics, also experienced growth.

The Asian economy continues to show remarkable durability despite growing international commercial challenges and domestic economic adjustments.