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China's economic growth slowed during the quarter ending in September as trade tensions with the US intensified.

The global number two economy grew by 4.8% compared to the same period in 2024, representing its slowest rate in a full year, according to official figures published on Monday.

This financial information surfaces following China's enforcement of comprehensive controls on its exports of rare earths - essential minerals for worldwide technology manufacturing, a move that rocked the fragile trade truce with the US.

The third quarter gross domestic product growth will set the atmosphere for a gathering of China's senior officials this coming days to examine the country's development plan covering the years between twenty twenty-six and twenty thirty.

Important Financial Indicators

The four point eight percent growth in the July-September period represented a reduction from the 5.2% registered in the three months concluding in mid-year.

China's National Bureau of Statistics announced the economy displayed "remarkable durability and dynamism" against international challenges, crediting growth in its technology sector and commercial services as key growth drivers.

Beijing has set a goal of "around 5%" economic expansion this calendar year and has thus far prevented a sharp downturn, supported by state intervention policies.

International Commercial Developments

American leader Donald Trump reacted swiftly to China's restrictions on rare earths by threatening additional double duties on goods from China.

American finance official Scott Bessent stated he expects to confer with China's representatives this week in Malaysia in an effort to ease tensions and arrange a summit between Trump and his counterpart President Xi.

Before the latest escalation, Chinese businesses had taken advantage of the commercial ceasefire with Washington to ship goods to the US, resulting in China's overseas shipments increasing by 8.4% in September.

Sector Performance

The overall worth of imports to the country was also up, while China's manufacturing production expanded by six point five percent last thirty-day period from a previous year.

Producers in 3D-printing, robotics and EVs were among its strongest performers, while the service sector, which includes IT support, consultancies, and shipping companies, also experienced growth.

The Asian economy continues to demonstrate remarkable resilience despite increasing international trade pressures and internal economic adjustments.