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

The global number two economy grew by 4.8% compared to the equivalent timeframe in the previous year, representing its slowest rate in a full year, according to official statistics released on Monday.

This economic data surfaces following China's implementation of extensive controls on its exports of strategic minerals - critical minerals for worldwide technology manufacturing, a decision that disrupted the fragile trade truce with the US.

The three-month period gross domestic product expansion will establish the tone for a gathering of China's top leaders this week to discuss the nation's economic blueprint covering the years between 2026 and 2030.

Important Financial Indicators

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

China's National Bureau of Statistics stated the economy demonstrated "remarkable durability and vitality" against external pressure, crediting momentum in its tech industry and commercial services as key expansion factors.

Beijing has established a target of "approximately five percent" economic growth this year and has so far prevented a sharp downturn, assisted by state intervention policies.

International Commercial Developments

US President President Trump responded swiftly to China's restrictions on rare earths by proposing additional double duties on goods from China.

American finance official Scott Bessent stated he anticipates to meet China's representatives this week in Southeast Asia in an attempt to reduce friction and organize a meeting between the US President and his Chinese equivalent Xi Jinping.

Before the recent flare-up, Chinese businesses had capitalized of the commercial ceasefire with the United States to ship goods to the US, resulting in China's overseas shipments increasing by 8.4% in September.

Sector Results

The overall worth of foreign goods to the country was also up, while China's manufacturing production expanded by 6.5% last month from a year earlier.

Producers in additive manufacturing, automation technology and EVs were among its strongest performers, while the service sector, which encompasses technology services, consultancies, and transport and logistics, also showed expansion.

The Chinese economy continues to demonstrate significant resilience despite increasing international commercial challenges and domestic economic adjustments.