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China's economic growth decelerated during the quarter ending in the end of September as trade tensions with the US escalated.

The global number two economy grew by 4.8% compared to the equivalent timeframe in the previous year, representing its slowest rate in twelve months, according to government figures published on the start of the week.

This economic data emerges following China's enforcement of extensive restrictions on its shipments of strategic minerals - critical elements for global technology production, a decision that rocked the fragile trade truce with the US.

The third quarter gross domestic product growth will set the tone for a gathering of China's top leaders this week to examine the country's development plan covering the period between twenty twenty-six and 2030.

Important Economic Metrics

The four point eight percent expansion in the third quarter represented a slowdown from the 5.2% recorded in the three months concluding in mid-year.

China's statistical authority stated the economy displayed "remarkable durability and dynamism" against international challenges, crediting momentum in its technology sector and business services as key growth drivers.

The Chinese government has set a goal of "approximately five percent" economic growth this year and has thus far prevented a sharp downturn, supported by government support measures.

International Trade Developments

American leader Donald Trump reacted promptly to China's restrictions on critical minerals by proposing extra 100% tariffs on imports from the Asian nation.

US Treasury Secretary Secretary Bessent indicated he anticipates to confer with China's representatives this week in Southeast Asia in an effort to ease tensions and arrange a summit between Trump and his counterpart President Xi.

Prior to the recent escalation, China's companies had capitalized of the trade truce with the United States to ship goods to the US, resulting in China's exports rising by 8.4% in September.

Industry Performance

The overall worth of imports to China was also higher, while China's industrial output expanded by 6.5% last thirty-day period from a previous year.

Manufacturers in 3D-printing, robotics and EVs were among its strongest performers, while the service sector, which includes technology services, consultancies, and transport and logistics, also showed expansion.

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