China’s economic growth slowed in the third quarter of 2025. According to official data, the gross domestic product rose by 4.8% between July and September. This is lower than last year’s 5.2% rate, marking the weakest growth in a year.
Experts attribute this mainly to the property market crisis and escalating trade tensions with the United States. After China imposed restrictions on the export of rare earth metals, US President Donald Trump responded by threatening up to 100% tariffs on Chinese goods. This broke the fragile trade truce between the two nations.
Nevertheless, China’s technology and manufacturing sectors have helped sustain growth to some extent. In September, industrial production increased by 6.5%, while exports rose by 8.4%. Electric vehicles, 3D printing, and robotics were among the strongest-performing industries.
However, domestic consumption remains weak. The government has introduced subsidies, discounts, and wage increases to boost citizens’ purchasing power, but these measures have not been enough. Experts believe that without further government support, economic growth for the year is unlikely to exceed 4.8%.
The property sector remains the weakest link in China’s economy. Investments dropped by about 14% over the year, housing prices fell, and several construction projects were halted. Analysts warn that this sector will continue to be a major challenge for China’s economy for some time.
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