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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 expanded by 4.8% compared to the same period in the previous year, representing its weakest pace in twelve months, according to government statistics published on Monday.

This financial information emerges following China's enforcement of comprehensive controls on its exports of strategic minerals - critical minerals for worldwide electronics manufacturing, a move that disrupted the delicate trade truce with the United States.

The third quarter gross domestic product expansion will set the atmosphere for a gathering of China's senior officials this week to examine the nation's development plan covering the period between 2026 and 2030.

Important Economic Metrics

The 4.8% growth in the third quarter represented a slowdown from the five point two percent recorded in the quarter concluding in July.

China's statistical authority stated the economy demonstrated "remarkable durability and dynamism" against external pressure, crediting growth in its tech industry and business services as primary growth drivers.

Beijing has established a target of "approximately five percent" economic expansion this calendar year and has so far avoided a significant decline, supported by state intervention policies.

Global Commercial Situations

American leader Donald Trump reacted swiftly to China's controls on critical minerals by proposing additional double duties on goods from China.

American finance official Scott Bessent indicated he expects to meet Chinese officials this coming days in Southeast Asia in an effort to ease tensions and organize a summit between Trump and his Chinese equivalent Xi Jinping.

Prior to the latest escalation, Chinese businesses had taken advantage of the trade truce with the United States to export products to the American market, resulting in China's exports increasing by eight point four percent in September.

Sector Results

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

Producers in additive manufacturing, robotics and electric vehicles were among its best-performing sectors, while the services industry, which includes IT support, consultancies, and transport and logistics, also experienced growth.

The Asian economy continues to demonstrate remarkable durability despite increasing global trade pressures and domestic financial recalibrations.