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China's economic expansion slowed during the three months concluding in the end of September as commercial disputes with the US escalated.

The global number two economy grew by 4.8% compared to the same period in 2024, representing its weakest pace in a full year, according to official figures released on Monday.

This financial information emerges following China's implementation of comprehensive controls on its shipments of strategic minerals - critical minerals for global electronics production, a move that disrupted the fragile commercial ceasefire with the US.

The third quarter gross domestic product growth will establish the tone for a meeting of China's top leaders this week to discuss the nation's economic blueprint covering the years between twenty twenty-six and twenty thirty.

Important Economic Indicators

The four point eight percent growth in the July-September period represented a reduction from the 5.2% registered in the three months ending in mid-year.

China's National Bureau of Statistics stated the economy displayed "remarkable durability and dynamism" against international challenges, crediting momentum in its technology sector and commercial services as key growth drivers.

Beijing has set a goal of "approximately five percent" economic growth this calendar year and has so far avoided a significant decline, assisted by government support measures.

Global Commercial Situations

American leader Donald Trump reacted swiftly to China's restrictions on critical minerals by proposing extra 100% tariffs on goods from China.

US Treasury Secretary Secretary Bessent indicated he anticipates to confer with China's representatives this coming days in Southeast Asia in an attempt to reduce friction and organize a summit between the US President and his Chinese equivalent President Xi.

Prior to the recent flare-up, Chinese businesses had capitalized 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 September.

Sector Performance

The total value of foreign goods to China was likewise up, while China's manufacturing production grew by six point five percent last month from a year earlier.

Producers in 3D-printing, automation technology and EVs were among its best-performing sectors, while the service sector, which includes technology services, advisory firms, and transport and logistics, also showed expansion.

The Chinese economy continues to show remarkable resilience despite increasing international commercial challenges and internal financial recalibrations.