🔗 Share this article The Chinese Economic Growth Slows as Commercial Disputes with US Intensify The four point eight percent expansion in the three-month period represented a slowdown from five point two percent in the prior three-month span China's economic growth decelerated during the three months ending in September as trade tensions with the US intensified. The world's second-largest economy grew by four point eight percent compared to the same period in the previous year, representing its weakest pace in twelve months, according to official statistics released on Monday. This economic data surfaces following China's enforcement of comprehensive restrictions on its shipments of rare earths - essential minerals for global technology production, a decision that rocked the fragile commercial ceasefire with the United States. The three-month period GDP expansion will set the atmosphere for a meeting of China's top leaders this week to examine the country's development plan covering the years between 2026 and 2030. Key Economic Indicators The 4.8% growth in the July-September period signified a reduction from the 5.2% recorded in the quarter ending in July. China's National Bureau of Statistics announced the economic system demonstrated "strong resilience and vitality" against external pressure, crediting growth in its tech industry and business services as primary growth drivers. Beijing has set a goal of "around 5%" economic growth this calendar year and has thus far prevented a sharp downturn, supported by government support measures. Global Trade Developments American leader Donald Trump reacted promptly to China's controls on rare earths by proposing extra double duties on imports from the Asian nation. American finance official Scott Bessent indicated he expects to meet China's representatives this coming days in Southeast Asia in an attempt to reduce friction and arrange a summit between Trump and his counterpart President Xi. Before the recent flare-up, China's companies had capitalized of the trade truce with Washington to ship goods to the American market, resulting in China's overseas shipments increasing by eight point four percent in last month. Sector Performance The overall worth of imports to the country was likewise higher, while China's manufacturing production grew by 6.5% last month from a previous year. Manufacturers in additive manufacturing, automation technology and EVs were among its best-performing sectors, while the service sector, which encompasses IT support, consultancies, and transport and logistics, also showed expansion. The Asian economy continues to show significant durability despite increasing international commercial challenges and internal financial recalibrations.