The current shift highlights India's rising influence in the global economy and the significant challenges facing China under renewed US tariffs. (File)

China’s economic growth has slowed due to rising trade tensions with the United States and weak domestic demand. In the July-September (third quarter) period, China’s economy grew only by 4.8%. Donald Trump has threatened to impose 100% tariffs on Chinese goods from November. This has increased concerns over Beijing’s ability to sustain long-term growth.

China’s Growth Slowdown

China’s third-quarter GDP growth was at 4.8%, the lowest in a year. As the economy heavily depended on manufacturing and exports and domestic demand was less, it affected the country adversly. According to media reports weak consumer confidence has led to lower

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