🔗 Share this article China's Economy Expansion Decelerates as Commercial Disputes with US Intensify The four point eight percent expansion in the third quarter marked a slowdown from five point two percent in the previous quarter China's economic growth decelerated during the quarter concluding in the end of September as trade tensions with the US intensified. The world's second-largest economy expanded by four point eight percent compared to the same period in the previous year, representing its slowest rate in a full year, according to government statistics released on Monday. This financial information surfaces following China's implementation of comprehensive controls on its exports of strategic minerals - critical minerals for global electronics production, a move that disrupted the fragile commercial ceasefire with the US. The third quarter GDP growth will establish the tone for a meeting of China's top leaders this week to discuss the country's development plan covering the years between twenty twenty-six and 2030. Important Financial Metrics The four point eight percent expansion in the July-September period represented a slowdown from the five point two percent registered in the three months ending in July. China's statistical authority announced the economic system demonstrated "strong resilience and dynamism" against external pressure, attributing growth in its technology sector and commercial services as primary growth drivers. The Chinese government has set a target of "around 5%" economic growth this calendar year and has thus far prevented a significant decline, assisted by government support measures. Global Trade Situations US President Donald Trump responded promptly to China's restrictions on critical minerals by proposing additional double duties on goods from China. American finance official Secretary Bessent stated he anticipates to confer with China's representatives this coming days in Malaysia in an attempt to reduce friction and arrange a summit between Trump and his counterpart Xi Jinping. Before the recent escalation, Chinese businesses had capitalized of the trade truce with the United States to export products to the American market, resulting in China's exports increasing by 8.4% in September. Sector Results The total value of imports to the country was also up, while China's manufacturing production grew by 6.5% last thirty-day period from a previous year. Manufacturers in 3D-printing, automation technology and electric vehicles were among its strongest performers, while the services industry, which includes IT support, consultancies, and shipping companies, also showed expansion. The Asian economy continues to show significant durability despite increasing global commercial challenges and internal economic adjustments.