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The Chinese economic expansion slowed during the three months concluding in the end of September as trade tensions with the US intensified.

The global number two economy grew by four point eight percent compared to the equivalent timeframe in 2024, representing its weakest pace in a full year, according to official figures published on Monday.

This financial information emerges following China's enforcement of comprehensive controls on its exports of rare earths - critical minerals for global technology production, a decision that rocked the fragile trade truce with the United States.

The third quarter GDP growth will set the atmosphere 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.

Important Economic Metrics

The four point eight percent expansion in the third quarter signified a reduction from the 5.2% registered in the three months ending in July.

China's statistical authority stated the economy displayed "strong resilience and vitality" against international challenges, attributing momentum in its tech industry and commercial services as key growth drivers.

Beijing has established a target of "around 5%" economic expansion this calendar year and has so far prevented a sharp downturn, supported by government support measures.

International Commercial Developments

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

American finance official Secretary Bessent stated he expects to confer with China's representatives this week in Southeast Asia in an effort to ease tensions and arrange a meeting between the US President and his Chinese equivalent Xi Jinping.

Prior to the recent escalation, China's companies had taken advantage of the trade truce with Washington to export products to the US, resulting in China's overseas shipments increasing by eight point four percent in September.

Industry Results

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

The Chinese economy continues to demonstrate remarkable resilience despite growing global trade pressures and domestic financial recalibrations.