🔗 Share this article China's Economic Growth Slows as Commercial Disputes with US Flare Up The four point eight percent growth in the third quarter marked a slowdown from five point two percent in the previous three-month span The Chinese economic expansion decelerated during the quarter concluding in the end of September as trade tensions with the US intensified. The global number two economy grew by four point eight percent compared to the equivalent timeframe in the previous year, representing its weakest pace in a full year, according to official figures published on Monday. This economic data emerges following China's enforcement of extensive restrictions on its exports of rare earths - critical minerals for global electronics manufacturing, a decision that rocked the fragile trade truce with the US. The third quarter GDP growth will establish the tone for a gathering of China's top leaders this coming days to discuss the nation's development plan covering the period between 2026 and 2030. Key Financial Indicators The four point eight percent expansion in the July-September period signified a reduction from the 5.2% registered in the three months concluding in July. China's National Bureau of Statistics stated the economy demonstrated "strong resilience and dynamism" against external pressure, crediting growth in its tech industry and business services as primary growth drivers. Beijing has set a target of "around 5%" economic growth this year and has so far prevented a sharp downturn, supported by state intervention policies. International Trade Situations US President Donald Trump responded promptly to China's restrictions on critical minerals by threatening extra 100% tariffs on goods from China. American finance official Secretary Bessent indicated he anticipates to meet Chinese officials this coming days in Southeast Asia in an effort to reduce friction and organize a meeting between the US President and his Chinese equivalent Xi Jinping. Prior to the recent flare-up, Chinese businesses had taken advantage of the commercial ceasefire with Washington to export products to the American market, resulting in China's exports rising by eight point four percent in September. Sector Results The total value of foreign goods to China was likewise higher, while China's manufacturing production expanded by six point five percent last month from a previous year. Producers in additive manufacturing, robotics and EVs 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 resilience despite increasing international trade pressures and internal economic adjustments.