🔗 Share this article China's Economy Expansion Slows as Trade Tensions with US Intensify The four point eight percent expansion in the third quarter represented a slowdown from five point two percent in the prior quarter The Chinese economic growth slowed during the quarter concluding in September as trade tensions with the US escalated. The global number two economy grew by 4.8% compared to the equivalent timeframe 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 enforcement of extensive restrictions on its exports of strategic minerals - critical elements for worldwide electronics manufacturing, a move that rocked the delicate commercial ceasefire with the United States. The third quarter GDP growth will establish the atmosphere for a meeting of China's senior officials this coming days to discuss the nation's development plan covering the period between 2026 and 2030. Key Economic Metrics The four point eight percent growth in the third quarter represented a slowdown from the five point two percent registered in the quarter concluding in mid-year. China's National Bureau of Statistics announced the economic system displayed "remarkable durability and vitality" against international challenges, attributing growth in its technology sector and commercial services as primary expansion factors. The Chinese government has established a target of "approximately five percent" economic expansion this year and has thus far avoided a significant decline, assisted by government support measures. International Trade Developments US President President Trump responded swiftly to China's controls on rare earths by threatening additional 100% tariffs on goods from the Asian nation. US Treasury Secretary Secretary Bessent stated he anticipates to confer with Chinese officials this coming days in Southeast Asia in an attempt to reduce friction and organize a summit between the US President and his Chinese equivalent Xi Jinping. Before the recent escalation, Chinese businesses had capitalized of the trade truce with the United States to ship goods to the American market, resulting in China's exports rising by eight point four percent in last month. Sector Results The total value of foreign goods to the country was likewise higher, while China's industrial output expanded by 6.5% last month from a previous year. Manufacturers in additive manufacturing, robotics and EVs were among its strongest performers, while the service sector, which includes IT support, consultancies, and transport and logistics, also experienced growth. The Chinese economy continues to demonstrate remarkable durability despite increasing global commercial challenges and internal economic adjustments.