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China's economic expansion decelerated during the three months ending in September as trade tensions with the US escalated.

The world's second-largest economy expanded by four point eight percent compared to the equivalent timeframe in 2024, representing its weakest pace in twelve months, according to government figures released on the start of the week.

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

The third quarter gross domestic product expansion will set the atmosphere for a meeting of China's senior officials this coming days to examine the nation's development plan covering the period between 2026 and 2030.

Important Financial Indicators

The four point eight percent growth in the third quarter signified a slowdown from the five point two percent recorded in the three months concluding in July.

China's National Bureau of Statistics stated the economic system displayed "strong resilience and dynamism" against international challenges, crediting growth in its technology sector and business services as primary expansion factors.

The Chinese government has established a goal of "approximately five percent" economic growth this year and has so far prevented a sharp downturn, assisted by state intervention policies.

International Trade Situations

American leader Donald Trump responded swiftly to China's restrictions on rare earths by threatening extra double duties on goods from the Asian nation.

US Treasury Secretary Scott Bessent indicated he expects to meet China's representatives this coming days in Malaysia in an attempt to reduce friction and organize a summit between Trump and his Chinese equivalent President Xi.

Prior to the recent flare-up, Chinese businesses had taken advantage of the trade truce with Washington to export products to the American market, resulting in China's overseas shipments increasing by eight point four percent in last month.

Sector Results

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

Producers in 3D-printing, automation technology and electric vehicles were among its best-performing sectors, while the service sector, which encompasses IT support, consultancies, and transport and logistics, also experienced growth.

The Asian economy continues to show significant durability despite increasing international commercial challenges and domestic financial recalibrations.