{"id":51103,"date":"2025-10-20T07:38:37","date_gmt":"2025-10-20T07:38:37","guid":{"rendered":"https:\/\/gyalchisarshog.com\/?p=51103"},"modified":"2025-10-20T07:38:43","modified_gmt":"2025-10-20T07:38:43","slug":"chinas-economic-growth-slows-as-trade-tensions-with-us-flare-up","status":"publish","type":"post","link":"https:\/\/gyalchisarshog.com\/?p=51103","title":{"rendered":"China’s economic growth slows as trade tensions with US flare up"},"content":{"rendered":"\n

BBC: <\/p>\n\n\n\n

China’s economic growth slowed in the three months to the end of September as problems in the property market persisted and trade tensions with the US flared up.<\/p>\n\n\n\n

The world’s second-largest economy grew by 4.8% compared to the same period in 2024, its weakest pace in a year, official figures<\/a> released on Monday show.<\/p>\n\n\n\n

The data comes after China imposed sweeping controls on its exports of rare earths<\/a> – minerals essential for the global production of electronics – a move that rocked its fragile trade truce with the US.<\/p>\n\n\n\n

The third-quarter growth figures will set the tone for a gathering of China’s top leaders this week to discuss the country’s economic blueprint<\/a> over the next five years.<\/p>\n\n\n\n

The latest growth figure marked a slowdown from the annual rate of 5.2% seen in the three months to July.<\/p>\n\n\n\n

China’s National Bureau of Statistics said the economy showed “strong resilience and vitality” against pressure . It credited momentum in its technology sector and business services as key growth drivers.<\/p>\n\n\n\n

Beijing has set a goal of “around 5%” economic growth this year and has so far avoided a sharp downturn, helped by government support measuresand what – until recently – had been a trade ceasefire with Washington.<\/p>\n\n\n\n

When China announced controls on rare earths earlier this month, US President Donald Trump responded swiftly by threatening an additional 100% tariffs on imports from China<\/a>.<\/p>\n\n\n\n

US Treasury Secretary Scott Bessent has said he expects to meet Chinese officials this week in Malaysia in an attempt to ease tensions and set up a meeting between Trump and his counterpart Xi Jinping.<\/p>\n\n\n\n

Before the recent flare-up, Chinese businesses had taken advantage of the trade truce with Washington to ship goods to the US, resulting in China’s exports rising by 8.4% in September. The total value of imports to China was also up.<\/p>\n\n\n\n

China’s industrial output grew by 6.5% last month from a year earlier, with its 3D-printing, robotics and electric vehicles manufacturers among its strongest performers.<\/p>\n\n\n\n

Its service sector, which includes IT support, consultancies, and transport and logistics companies, also grew.<\/p>\n","protected":false},"excerpt":{"rendered":"

BBC: China’s economic growth slowed in the three months to the end of September as problems in the property market persisted and trade tensions with the US flared up. The world’s second-largest economy grew by 4.8% compared to the same period in 2024, its weakest pace in a year, official figures released on Monday show. The data comes after China imposed sweeping controls on its exports of rare earths – minerals essential for the global production of electronics – a move that rocked its fragile trade truce with the US. The third-quarter growth figures will set the tone for a gathering of China’s top… <\/p>\n","protected":false},"author":1,"featured_media":51104,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-51103","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-in-english"],"_links":{"self":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/51103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51103"}],"version-history":[{"count":1,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/51103\/revisions"}],"predecessor-version":[{"id":51105,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/51103\/revisions\/51105"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/media\/51104"}],"wp:attachment":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}