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The Chinese economic growth decelerated during the three months concluding in September as commercial disputes with the United States intensified.

The world's second-largest economy expanded 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 economic data emerges following China's enforcement of comprehensive controls on its shipments of rare earths - essential minerals for global technology production, a move that disrupted the delicate commercial ceasefire with the US.

The third quarter GDP expansion will establish the atmosphere for a gathering of China's senior officials this week to discuss the nation's economic blueprint covering the years between 2026 and 2030.

Key Financial Indicators

The four point eight percent expansion in the third quarter represented a slowdown from the 5.2% recorded in the quarter ending in mid-year.

China's statistical authority announced the economy demonstrated "remarkable durability and vitality" against international challenges, crediting growth in its technology sector and business services as primary growth drivers.

Beijing has set a goal of "approximately five percent" economic growth this year and has so far avoided a significant decline, supported by state intervention policies.

International Commercial Situations

US President President Trump reacted swiftly to China's controls on rare earths by threatening additional double duties on goods from the Asian nation.

American finance official Secretary Bessent indicated he anticipates to meet Chinese officials this week in Southeast Asia in an effort to reduce friction and arrange a meeting between Trump and his Chinese equivalent President Xi.

Prior to the recent flare-up, China's companies had taken advantage of the commercial ceasefire with the United States to ship goods to the US, resulting in China's overseas shipments increasing by eight point four percent in last month.

Sector Results

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

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

The Chinese economy continues to show significant resilience despite increasing global trade pressures and internal economic adjustments.