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- By David Brown
- 17 May 2026
China's economic growth decelerated during the quarter concluding in September as commercial disputes with the United States escalated.
The global number two economy expanded by four point eight percent compared to the same period in the previous year, representing its slowest rate in twelve months, according to official statistics released on the start of the week.
This financial information emerges following China's enforcement of extensive controls on its exports of strategic minerals - critical elements for global technology production, a decision that rocked the fragile commercial ceasefire with the United States.
The third quarter 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 period between twenty twenty-six and twenty thirty.
The 4.8% growth in the third quarter signified a slowdown from the five point two percent recorded in the quarter concluding in July.
China's statistical authority announced the economy displayed "strong resilience and vitality" against international challenges, crediting growth in its technology sector and business services as key expansion factors.
The Chinese government has established a goal of "around 5%" economic expansion this year and has thus far prevented a significant decline, assisted by state intervention policies.
US President President Trump reacted promptly to China's restrictions on rare earths by threatening additional double duties on goods from the Asian nation.
American finance official Scott Bessent stated he expects to meet Chinese officials this week in Malaysia in an attempt to reduce friction and arrange a meeting between Trump and his Chinese equivalent President Xi.
Before the recent escalation, China's companies had taken advantage of the trade truce with Washington to export products to the US, resulting in China's exports increasing by 8.4% in last month.
The total value of foreign goods to the country was also higher, while China's manufacturing production grew by six point five percent last thirty-day period from a previous year.
Manufacturers in 3D-printing, robotics and electric vehicles were among its strongest performers, while the services industry, which includes technology services, advisory firms, and transport and logistics, also showed expansion.
The Asian economy continues to demonstrate remarkable durability despite increasing international trade pressures and domestic economic adjustments.
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