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The Chinese economic growth slowed during the three months ending in the end of September as commercial disputes with the US intensified.

The world's second-largest economy expanded by 4.8% compared to the same period in 2024, representing its slowest rate in a full year, according to government figures released on Monday.

This financial information emerges following China's enforcement of extensive restrictions on its exports of rare earths - critical minerals for worldwide technology manufacturing, a move that rocked the fragile trade truce with the United States.

The three-month period GDP expansion will set the tone for a gathering of China's top leaders this coming days to discuss the country's economic blueprint covering the period between twenty twenty-six and 2030.

Important Economic Indicators

The four point eight percent expansion in the third quarter signified a slowdown from the five point two percent recorded in the quarter ending in mid-year.

China's statistical authority stated the economy displayed "remarkable durability and vitality" against external pressure, crediting momentum in its technology sector and commercial services as primary expansion factors.

Beijing has established a target of "around 5%" economic growth this calendar year and has thus far avoided a sharp downturn, supported by government support measures.

Global Commercial Developments

American leader President Trump responded promptly to China's restrictions on critical minerals by threatening extra double duties on imports from the Asian nation.

US Treasury Secretary Secretary Bessent stated he expects to confer with Chinese officials this week in Malaysia in an attempt to reduce friction and arrange a meeting between Trump and his Chinese equivalent Xi Jinping.

Before the latest escalation, China's companies had capitalized of the trade truce with Washington to export products to the American market, resulting in China's overseas shipments rising by eight point four percent in last month.

Sector Results

The overall worth of foreign goods to the country was also up, while China's manufacturing production expanded by 6.5% last month from a year earlier.

Manufacturers in additive manufacturing, automation technology and EVs were among its best-performing sectors, while the service sector, which includes technology services, advisory firms, and shipping companies, also showed expansion.

The Asian economy continues to demonstrate remarkable durability despite growing global trade pressures and domestic economic adjustments.