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China's economic expansion slowed during the quarter concluding in the end of September as trade tensions with the United States intensified.

The global number two economy grew by 4.8% compared to the equivalent timeframe in 2024, representing its slowest rate in a full year, according to official figures published on Monday.

This economic data surfaces following China's enforcement of comprehensive restrictions on its shipments of strategic minerals - critical minerals for worldwide technology production, a decision that rocked the delicate trade truce with the US.

The three-month period GDP growth will set the tone for a gathering of China's senior officials this coming days to examine the nation's economic blueprint covering the period between 2026 and 2030.

Key Economic Metrics

The 4.8% growth in the third quarter represented a reduction from the 5.2% recorded in the three months concluding in July.

China's statistical authority announced the economic system demonstrated "strong resilience and vitality" against international challenges, crediting growth in its tech industry and commercial services as primary growth drivers.

The Chinese government has established a goal of "around 5%" economic growth this year and has so far avoided a sharp downturn, assisted by government support measures.

International Commercial Situations

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

American finance official Scott Bessent indicated he expects to confer with Chinese officials this week in Malaysia in an attempt to ease tensions and arrange a summit between the US President and his counterpart President Xi.

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

Sector Performance

The total value of imports to the country was also higher, while China's industrial output expanded by 6.5% last month from a year earlier.

Producers in additive manufacturing, robotics and electric vehicles were among its best-performing sectors, while the services industry, which encompasses technology services, advisory firms, and transport and logistics, also showed expansion.

The Chinese economy continues to demonstrate significant durability despite increasing global commercial challenges and internal financial recalibrations.