🔗 Share this article China's Economy Expansion Decelerates as Trade Tensions with United States Flare Up The four point eight percent expansion in the three-month period marked a slowdown from 5.2% in the previous three-month span China's economic growth slowed during the quarter ending in the end of September as trade tensions with the United States intensified. The world's second-largest economy grew by four point eight percent compared to the same period in the previous year, representing its slowest rate in a full year, according to government figures released on Monday. This financial information emerges following China's implementation of extensive controls on its exports of strategic minerals - critical elements for worldwide electronics production, a move that disrupted the fragile commercial ceasefire with the United States. The three-month period GDP growth will establish the tone for a meeting of China's senior officials this week to discuss the country's economic blueprint covering the period between 2026 and 2030. Important Economic Metrics The four point eight percent expansion in the July-September period signified a slowdown from the 5.2% registered in the three months ending in mid-year. China's National Bureau of Statistics stated the economic system displayed "strong resilience and dynamism" against international challenges, attributing growth in its tech industry and business services as primary growth drivers. The Chinese government has established a goal of "around 5%" economic growth this calendar year and has thus far prevented a significant decline, supported by state intervention policies. International Trade Developments US President Donald Trump responded swiftly to China's restrictions on rare earths by threatening extra 100% tariffs on goods from China. US Treasury Secretary Secretary Bessent stated he anticipates to meet China's representatives this week in Southeast Asia in an effort to reduce friction and arrange a meeting between the US President and his Chinese equivalent Xi Jinping. Before the latest escalation, Chinese businesses had capitalized of the trade truce with Washington to export products to the US, resulting in China's overseas shipments rising by 8.4% in last month. Sector Performance The total value of foreign goods to China was also higher, while China's industrial output grew by six point five percent last month from a previous year. Producers in additive manufacturing, automation technology and EVs were among its best-performing sectors, while the service sector, which encompasses IT support, 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.