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China's economic growth slowed during the quarter concluding in September as commercial disputes with the US intensified.

The global number two economy expanded by 4.8% compared to the same period in the previous year, representing its slowest rate in twelve months, according to government figures published on the start of the week.

This financial information surfaces following China's implementation of extensive controls on its exports of rare earths - essential minerals for global electronics production, a decision that rocked the delicate trade truce with the US.

The three-month period gross domestic product expansion will set the atmosphere for a meeting of China's senior officials this coming days to discuss the country's development plan covering the period between twenty twenty-six and 2030.

Key Economic Metrics

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

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

The Chinese government has established a target of "around 5%" economic growth this calendar year and has thus far prevented a sharp downturn, assisted by government support measures.

International Trade Developments

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

American finance official Secretary Bessent stated he anticipates to meet Chinese officials this coming days in Malaysia in an attempt to reduce friction and arrange a meeting between Trump and his Chinese equivalent Xi Jinping.

Before the recent flare-up, China's companies had taken advantage of the commercial ceasefire with Washington to export products to the American market, resulting in China's overseas shipments increasing by eight point four percent in last month.

Industry Performance

The total value of foreign goods to China was also up, while China's manufacturing production expanded by six point five percent last thirty-day period from a previous year.

Manufacturers in 3D-printing, robotics and electric vehicles were among its strongest performers, while the services industry, which includes IT support, consultancies, and transport and logistics, also experienced growth.

The Chinese economy continues to demonstrate remarkable resilience despite increasing international trade pressures and internal financial recalibrations.