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- By Brittany Stone
- 18 May 2026
China's economic growth decelerated during the three months ending in the end of September as trade tensions with the US intensified.
The global number two economy expanded by 4.8% compared to the equivalent timeframe in the previous year, representing its slowest rate in twelve months, according to official figures published on the start of the week.
This financial information emerges following China's implementation of extensive controls on its exports of rare earths - essential minerals for global electronics manufacturing, a move that disrupted the fragile commercial ceasefire with the United States.
The three-month period gross domestic product growth will establish the atmosphere for a gathering of China's senior officials this week to examine the nation's development plan covering the period between 2026 and twenty thirty.
The four point eight percent growth in the third quarter represented a reduction from the five point two percent registered in the quarter concluding in mid-year.
China's statistical authority announced the economy displayed "strong resilience and dynamism" against international challenges, crediting growth in its tech industry and commercial services as primary expansion factors.
Beijing has set a goal of "approximately five percent" economic growth this calendar year and has thus far avoided a sharp downturn, assisted by state intervention policies.
American leader President Trump reacted promptly to China's restrictions on critical minerals by threatening additional 100% tariffs on goods from China.
American finance official Secretary Bessent stated he expects to confer with Chinese officials this week in Malaysia in an attempt to ease tensions and organize a summit between the US President and his counterpart Xi Jinping.
Before the latest escalation, China's companies had taken advantage of the trade truce with Washington to export products to the American market, resulting in China's overseas shipments rising by eight point four percent in last month.
The overall worth of foreign goods to the country was likewise up, while China's manufacturing production expanded by six point five percent last month from a previous year.
Producers in additive manufacturing, automation technology and EVs were among its best-performing sectors, while the services industry, which encompasses technology services, advisory firms, and shipping companies, also showed expansion.
The Chinese economy continues to show significant durability despite increasing global commercial challenges and domestic financial recalibrations.
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