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China's economic growth slowed during the three months concluding in the end of September as trade tensions with the United States escalated.

The global number two economy expanded by 4.8% compared to the same period in the previous year, representing its slowest rate in twelve months, according to official figures released on Monday.

This financial information emerges following China's implementation of comprehensive controls on its exports of rare earths - essential elements for worldwide technology production, a move that rocked the delicate trade truce with the US.

The three-month period gross domestic product growth will establish the tone for a gathering of China's top leaders this week to discuss the nation's economic blueprint covering the period between 2026 and twenty thirty.

Key Financial Indicators

The 4.8% growth in the July-September period signified a slowdown from the 5.2% recorded in the three months ending in July.

China's National Bureau of Statistics announced the economic system demonstrated "strong resilience and dynamism" against international challenges, attributing growth in its technology sector and commercial services as key growth drivers.

Beijing has set a target of "around 5%" economic expansion this year and has so far prevented a significant decline, assisted by government support measures.

Global Commercial Developments

US President Donald Trump reacted promptly to China's restrictions on critical minerals by threatening extra double duties on imports from China.

American finance official Scott Bessent indicated he expects to meet China's representatives this week in Southeast Asia in an effort to reduce friction and arrange a summit between the US President and his Chinese equivalent President Xi.

Prior to the recent flare-up, Chinese businesses had taken advantage of the commercial ceasefire with the United States to ship goods to the American market, resulting in China's overseas shipments rising by 8.4% in last month.

Industry Performance

The total value of imports to China was likewise up, while China's industrial output grew by 6.5% last month from a previous year.

Manufacturers in 3D-printing, automation technology and electric vehicles were among its best-performing sectors, while the service sector, which includes IT support, advisory firms, and transport and logistics, also showed expansion.

The Asian economy continues to show significant resilience despite growing international commercial challenges and domestic economic adjustments.