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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 grew by 4.8% compared to the same period in 2024, representing its slowest rate in a full year, according to government figures released on Monday.

This economic data surfaces following China's implementation of comprehensive controls on its shipments of strategic minerals - critical minerals for global technology manufacturing, a move that rocked the delicate commercial ceasefire with the US.

The three-month period GDP growth will establish the atmosphere for a meeting of China's top leaders this coming days to discuss the nation's economic blueprint covering the years between 2026 and 2030.

Key Financial Metrics

The 4.8% growth in the July-September period signified a slowdown from the five point two percent registered in the three months ending in mid-year.

China's statistical authority announced the economy demonstrated "strong resilience and vitality" against international challenges, attributing growth in its technology sector and business services as primary growth drivers.

The Chinese government has set a target of "around 5%" economic expansion this year and has so far prevented a significant decline, assisted by government support measures.

Global Commercial Situations

US President President Trump responded promptly to China's controls on rare earths by proposing additional 100% tariffs on goods from China.

American finance official Secretary Bessent indicated he expects to meet China's representatives this week in Malaysia in an attempt to reduce friction and arrange a meeting between Trump 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 last month.

Sector Performance

The overall worth of foreign goods to China was likewise up, while China's industrial output grew by 6.5% last month from a previous year.

Producers in 3D-printing, automation technology and EVs were among its best-performing sectors, while the services industry, which includes technology services, consultancies, and transport and logistics, also showed expansion.

The Asian economy continues to demonstrate significant durability despite growing international trade pressures and internal economic adjustments.