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China's economic expansion slowed during the three months ending in September as trade tensions with the US intensified.

The world's second-largest economy grew by 4.8% compared to the same period in the previous year, representing its slowest rate in twelve months, according to official statistics published on the start of the week.

This economic data surfaces following China's implementation of comprehensive restrictions on its shipments of rare earths - essential minerals for global electronics manufacturing, a decision that rocked the delicate trade truce with the United States.

The third quarter GDP growth will set the tone for a gathering of China's top leaders this week to examine the nation's economic blueprint covering the years between 2026 and 2030.

Key Economic Indicators

The four point eight percent growth in the third quarter signified a reduction from the five point two percent registered in the three months ending in July.

China's National Bureau of Statistics announced the economy demonstrated "strong resilience and dynamism" against external pressure, crediting momentum in its technology sector and business services as key expansion factors.

The Chinese government has established a target of "around 5%" economic growth this year and has so far prevented a significant decline, assisted by state intervention policies.

Global Commercial Developments

US President President Trump reacted promptly to China's controls on rare earths by proposing extra 100% tariffs on imports from China.

American finance official Scott Bessent indicated he anticipates to confer with China's representatives this coming days in Southeast Asia in an attempt to ease tensions and arrange a meeting between Trump and his counterpart President Xi.

Before the latest flare-up, Chinese businesses had capitalized of the trade truce with the United States to export products to the US, resulting in China's exports increasing by eight point four percent in last month.

Sector Performance

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

Producers in 3D-printing, robotics and electric vehicles were among its strongest performers, while the services industry, which encompasses technology services, advisory firms, and shipping companies, also experienced growth.

The Asian economy continues to demonstrate remarkable durability despite growing international commercial challenges and internal economic adjustments.