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

The global number two economy grew by 4.8% compared to the equivalent timeframe in the previous year, representing its weakest pace in a full year, according to government figures published on the start of the week.

This economic data surfaces following China's implementation of comprehensive controls on its exports of rare earths - essential minerals for global technology production, a decision that rocked the delicate trade truce with the US.

The third quarter GDP expansion will set the atmosphere for a meeting of China's top leaders this coming days to examine the country's development plan covering the period between twenty twenty-six and twenty thirty.

Key Financial Indicators

The four point eight percent expansion in the July-September period represented a reduction from the five point two percent recorded in the quarter ending in mid-year.

China's statistical authority announced the economy displayed "remarkable durability and vitality" against external pressure, crediting growth in its tech industry and business services as primary growth drivers.

The Chinese government has established a target of "approximately five percent" economic expansion this calendar year and has thus far prevented a significant decline, assisted by state intervention policies.

International Commercial Developments

American leader President Trump reacted promptly to China's controls on critical minerals by threatening additional double duties on imports from China.

American finance official Scott Bessent indicated he expects to meet Chinese officials this coming days in Malaysia in an effort to reduce friction and arrange a summit between Trump and his counterpart President Xi.

Prior to the recent escalation, Chinese businesses had taken advantage of the commercial ceasefire with the United States to export products to the American market, resulting in China's exports rising by 8.4% in last month.

Industry Results

The overall worth of foreign goods to the country was likewise higher, while China's industrial output expanded by six point five percent last thirty-day period from a previous year.

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

The Chinese economy continues to show remarkable resilience despite growing global commercial challenges and domestic financial recalibrations.