China's economy grew by 4.8% in Q3 2024, the slowest pace in a year, impacted by US trade tensions and weak domestic demand. Exports to the US fell 27%, but global exports rose 8.3%. The property sector is in decline, with residential sales down 7.6%. Despite some positive indicators like industrial output growth, consumer spending remains weak, particularly during the Golden Week holiday. Economists predict further slowing in 2026 and potential rate cuts to stimulate the economy.