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

The world's second-largest economy grew by four point eight percent compared to the same period in 2024, representing its weakest pace in a full year, according to government figures released on the start of the week.

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

The three-month period GDP growth will establish the atmosphere for a gathering of China's top leaders this week to examine the nation's economic blueprint covering the years between 2026 and 2030.

Key Financial Metrics

The 4.8% growth in the July-September period represented a slowdown from the 5.2% recorded in the quarter concluding in July.

China's National Bureau of Statistics announced the economy demonstrated "remarkable durability and dynamism" against external pressure, crediting growth in its technology sector and commercial services as primary growth drivers.

The Chinese government has set a target of "around 5%" economic expansion this calendar year and has thus far prevented a sharp downturn, supported by government support measures.

International Commercial Situations

American leader Donald Trump reacted promptly to China's controls on rare earths by proposing extra 100% tariffs on goods from China.

American finance official Secretary Bessent indicated he anticipates to confer with Chinese officials this week in Malaysia in an effort to reduce friction and organize a meeting between the US President and his counterpart Xi Jinping.

Prior to the recent flare-up, Chinese businesses had capitalized of the commercial ceasefire with the United States to export products to the US, resulting in China's exports increasing by eight point four percent in last month.

Sector Results

The overall worth of foreign goods to China 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, robotics and electric vehicles were among its best-performing sectors, while the services industry, which encompasses IT support, advisory firms, and shipping companies, also experienced growth.

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