What was China's GDP growth in Q3?

According to the National Bureau of Statistics , China’s GDP growth was 4.8% in the third quarter of 2025, slowing from 5.2% in Q2. Economists view this as a sign of cooling momentum in the world’s second-largest economy.

Why is China's GDP growth slowing?

China’s GDP growth is slowing because of trade tariffs, weak domestic demand, and a property market slump that continues to drag on investment and consumer confidence. Exports have also declined due to global trade frictions.

Is China in 300% debt?

China’s total debt-to-GDP ratio is estimated at around 300%, including government, corporate, and household debt, according to various financial analysts. This high debt level limits Beijing’s room for large-scale stimulus.

What is the growth rate of GDP in Q3?

The growth rate of China’s GDP in Q3 2025 was 4.8% year-on-year, marking the lowest pace of the year. The slowdown was mainly due to weak exports and sluggish property investment.

China GDP Growth slows to 4.8 percent in Q3 2025 amid trade tariffs and weak demand

Global Market Insights

China’s GDP Growth Cools to 4.8% in Q3 as Tariffs and Weak Demand Weigh

ByRubaisha October 20, 2025October 20, 2025

China GDP growth cooled to 4.8 percent in the third quarter of 2025, a worrying drop from the 5.2 percent pace in Q2. The official National Bureau of Statistics numbers show the weakest year-on-year growth in a year, as trade tariffs, weak consumer demand, and the long-running property slump all took a toll on the economy.