China's Q3 GDP Growth Slows to One-Year Low Amid Property Slump, Trade Tensions

China's economy is showing signs of significant slowdown, with third-quarter GDP growth expected to have eased to around 4.7-4.8%, the slowest pace in a year, down from 5.2% in the previous quarter. This deceleration is largely attributed to a prolonged property market slump, weak domestic consumption, and trade tensions with the United States, despite strong export performance and infrastructure investment. Retail sales and industrial production have softened, while fixed-asset investment remains nearly flat, highlighting a struggle in the domestic economy. Analysts and economic strategists suggest that China may face a deeper structural transition, shifting focus from export-driven growth towards boosting domestic consumption. Policy responses have been modest so far, with some debate over the need and timing of additional stimulus measures. The slowdown poses challenges ahead of the Chinese Communist Party’s upcoming policy meeting, where economic priorities for the next five years will be set.