🔗 Share this article The Chinese Economy Expansion Decelerates as Commercial Disputes with United States Flare Up The 4.8% growth in the three-month period marked a deceleration from five point two percent in the prior three-month span The Chinese economic expansion decelerated during the quarter ending in September as commercial disputes with the United States escalated. The world's second-largest economy expanded by 4.8% compared to the equivalent timeframe in 2024, representing its slowest rate in twelve months, according to government figures released on Monday. This financial information surfaces following China's enforcement of comprehensive restrictions on its exports of strategic minerals - critical elements for global electronics production, a decision that rocked the fragile commercial ceasefire with the US. The third quarter gross domestic product expansion will set the atmosphere for a meeting of China's senior officials this coming days to examine the nation's development plan covering the years between 2026 and 2030. Key Economic Metrics The 4.8% expansion in the third quarter represented a slowdown from the 5.2% registered in the three months ending in July. China's National Bureau of Statistics stated the economy displayed "strong resilience and dynamism" against external pressure, crediting 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, supported by state intervention policies. International Commercial Developments US President President Trump reacted swiftly to China's controls on critical minerals by proposing extra double duties on goods from China. American finance official Secretary Bessent indicated he anticipates to meet Chinese officials this week in Malaysia in an attempt to ease tensions and arrange a meeting between Trump and his counterpart Xi Jinping. Before the recent escalation, China's companies had taken advantage of the commercial ceasefire with the United States to export products to the US, resulting in China's exports rising by eight point four percent in last month. Industry Results The overall worth of imports to China was also higher, 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 EVs were among its best-performing sectors, while the service sector, which encompasses technology services, advisory firms, and shipping companies, also experienced growth. The Asian economy continues to demonstrate significant resilience despite increasing global commercial challenges and domestic economic adjustments.