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

The global number two economy grew by four point eight percent compared to the same period in 2024, representing its slowest rate in a full year, according to government statistics published on the start of the week.

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

The three-month period gross domestic product expansion will set the tone for a meeting of China's top leaders this coming days to discuss the country's development plan covering the years between 2026 and twenty thirty.

Important Economic Metrics

The four point eight percent growth in the third quarter represented a reduction from the 5.2% registered in the quarter concluding in mid-year.

China's statistical authority announced the economy demonstrated "remarkable durability and vitality" against international challenges, attributing 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 thus far avoided a sharp downturn, assisted by government support measures.

International Trade Developments

US President President Trump reacted swiftly to China's controls on rare earths by threatening additional double duties on goods from China.

American finance official Scott Bessent indicated he anticipates to confer with Chinese officials this coming days in Malaysia in an effort to ease tensions and organize a summit between Trump and his counterpart Xi Jinping.

Before the recent escalation, Chinese businesses had taken advantage of the trade truce with the United States to ship goods to the US, resulting in China's overseas shipments increasing by 8.4% in last month.

Sector Results

The overall worth of imports to the country was likewise higher, while China's manufacturing production grew by 6.5% last thirty-day period from a previous year.

Manufacturers in additive manufacturing, automation technology and EVs were among its best-performing sectors, while the service sector, which encompasses technology services, consultancies, and shipping companies, also experienced growth.

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