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China's Economy Grows 4.8% Amid Weakened Demand, Trade Shifts

10/21/2025

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Story summary
  • China's economy grew 4.8% in the latest quarter, with domestic demand remaining weak.
  • Property investment fell 13.9%, contributing to weaker consumer confidence.
  • Exports to the United States dropped 27%, while shipments to other regions rose, signaling a shift in trade patterns.
  • Former President Donald Trump and Xi Jinping, President of China, are set to meet for talks on October 31 amid concerns over rare-earths dominance and tariff impacts.