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China's economic growth slowed during the three months ending in September as commercial disputes with the US escalated.

The world's second-largest economy grew by 4.8% compared to the equivalent timeframe in 2024, representing its slowest rate in a full year, according to official statistics published on Monday.

This financial information surfaces following China's implementation of extensive controls on its exports of strategic minerals - critical minerals for worldwide electronics manufacturing, a decision that rocked the fragile commercial ceasefire with the United States.

The three-month period GDP expansion will set the tone for a meeting of China's senior officials this week to examine the country's development plan covering the years between twenty twenty-six and 2030.

Key Economic Indicators

The 4.8% expansion in the third quarter signified a slowdown from the 5.2% registered in the three months concluding in July.

China's statistical authority announced the economy displayed "remarkable durability and vitality" against external pressure, attributing momentum in its technology sector and commercial services as primary expansion factors.

The Chinese government has set a target of "approximately five percent" economic expansion this year and has thus far prevented a significant decline, supported by government support measures.

International Trade Situations

American leader Donald Trump responded swiftly to China's restrictions on critical minerals by proposing additional double duties on imports from China.

US Treasury Secretary Secretary Bessent stated he expects to confer with China's representatives this week in Malaysia in an attempt to reduce friction and arrange a summit between the US President and his Chinese equivalent Xi Jinping.

Before the recent flare-up, Chinese businesses had taken advantage of the commercial ceasefire with the United States to ship goods to the US, resulting in China's exports increasing by 8.4% in last month.

Industry Performance

The total value of imports to the country was also higher, while China's industrial output grew by 6.5% last month from a year earlier.

Manufacturers in 3D-printing, robotics and electric vehicles were among its best-performing sectors, while the services industry, which includes technology services, advisory firms, and transport and logistics, also experienced growth.

The Asian economy continues to show significant resilience despite growing international commercial challenges and internal financial recalibrations.