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2025 Chery Tiggo 7 Super Hybrid price and specs

2025 Chery Tiggo 7 Super Hybrid price and specs

7NEWS3 days ago
The Chery Tiggo 7 Super Hybrid has arrived in Australia, bringing a new plug-in hybrid (PHEV) powertrain, more refined aesthetics, and a comprehensive standard equipment list to one of the Chinese brand's two mid-size SUVs.
The Super Hybrid system pairs a 1.5-litre turbocharged petrol engine with a single-speed Dedicated Hybrid Transmission, sending power to the front wheels only. This is fed by an 18.3kWh lithium iron phosphate battery pack.
The result is a claimed fuel economy of just 1.4L/100km, and a claimed electric driving range of 93km on the more lenient NEDC testing regime. This powertrain has launched in Australia simultaneously in both the Tiggo 7 Super Hybrid and seven-seat Tiggo 8 Super Hybrid.
The system is known as Chery Super Hybrid (CSH), as seen on the Tiggo 8 Super Hybrid and the upcoming Tiggo 9 Super Hybrid. This name differs from the SHS name used for Chery-owned Jaecoo Super Hybrids.
For context, the powertrain available in the standard Tiggo 7 Pro comprises a 1.6-litre turbocharged four-cylinder petrol engine, which sends its power to the front wheels through a seven-speed dual-clutch automatic transmission.
The Super Hybrid adds exactly $10,000 to the price of the standard petrol Tiggo 7 Pro, which means the range starts at $39,990 drive-away for the base Urban, and extends to $43,990 drive-away for the top-spec Ultimate.
Inside, the Tiggo 7 Super Hybrid is fitted with dual 12.3-inch displays, synthetic leather upholstery, and wireless smartphone mirroring, while the Ultimate adds seat heating and ventilation and a panoramic sunroof.
Its exterior features tweaked styling front and rear, with revised LED headlights and the 'next evolution' of Chery's diamond grille design. The brand says this will feature on petrol-powered Tiggo 7 models in the near future.
Our launch review of the Chery Tiggo 7 Super Hybrid is now live, and you can read it here.
Pricing
Both variants are exactly $10,000 more expensive than their petrol Tiggo 7 Pro counterparts, while also being $6000 cheaper than the comparable Tiggo 8 Super Hybrids.
Drivetrains and Efficiency
Dimensions
Servicing and Warranty
Like the broader Chery Australia range, the Tiggo 7 Super Hybrid is backed by a seven-year, unlimited-kilometre warranty. Servicing is required every 12 months or 15,000km, whichever comes first.
Chery's individual service pricing is detailed below.
For context, a non-hybrid, front-wheel drive Tiggo 7 Pro will cost $2151.93 to service over seven years, while the Tiggo 8 Super Hybrid costs the same as its powertrain-sharing sibling at $3174.15.
Safety
While the petrol Tiggo 7 Pro boasts a five-star ANCAP safety rating, it's not yet clear whether this rating has been carried over to the Super Hybrids.
Standard safety equipment includes:
8 airbags, including:
Adaptive cruise control
Autonomous emergency braking (AEB)
Blind-spot monitor
Driver monitoring system
Lane-change assist
Lane-keep assist
Rear cross-traffic alert
Rear parking sensors
Reversing camera
Safe exit assist
Traffic jam assist
Tyre pressure monitor
Tiggo 7 Super Hybrid Ultimate adds:
Front parking sensors
Surround-view camera
Standard Equipment
Like the petrol model, the Tiggo 7 Super Hybrid range includes two variants, but standard equipment differs between each powertrain.
2025 Chery Tiggo 7 Super Hybrid Urban equipment highlights:
18-inch dark matte alloy wheels
Tyre repair kit
Automatic LED projector headlights
LED tail-lights
Rear fog light
Rain-sensing wipers
Heated side mirrors
Synthetic leather upholstery
Leather-wrapped steering wheel
6-way powered driver's seat
12.3-inch digital instrument cluster
12.3-inch touchscreen infotainment system
Wireless Apple CarPlay and Android Auto
DAB+ digital radio
Intelligent voice command
1 x front USB-A port
1 x front USB-C port
1 x rear USB-A port
6-speaker sound system
Dual-zone climate control
Tiggo 7 Super Hybrid Ultimate adds:
18-inch machined alloy wheels
Puddle lights
Power-folding side mirrors
Panoramic sunroof
Auto-dimming rear-view mirror
Driver's seat memory function
4-way powered front passenger seat
Heated and ventilated front seats
Wireless phone charger
8-speaker Sony sound system
Interior ambient lighting
Colours
Five exterior paint colours are available for the Tiggo 7 Super Hybrid at launch, and all but one come at extra cost. While the price isn't listed on Chery Australia's website, industry guide RedBook lists prices of $600.
2025 Chery Tiggo 7 Super Hybrid colours:
Mercurial Grey
Space Black: $600
Lunar White: $600
Star Silver: $600
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China's leaders vow economy help as US talks in limbo
China's leaders vow economy help as US talks in limbo

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  • The Advertiser

China's leaders vow economy help as US talks in limbo

China's top leaders have pledged to help companies slammed by higher US tariffs but are holding back on major moves after trade talks with the US kept businesses and planners in limbo. At their summer economic planning meeting, the powerful politburo of the ruling Communist Party pledged to stabilise foreign trade and investment. "We must assist foreign trade enterprises that have been severely impacted, strengthen financing support, and promote the integrated development of domestic and foreign trade," the official Xinhua News Agency said in reporting the closed-door meeting on Wednesday. It mentioned export tax rebates and free trade pilot zones but gave no other specifics. The inconclusive outcome of two days of trade talks in Stockholm, Sweden, leaves open the question of higher tariffs on Chinese exports to the United States. Chinese Vice-Premier He Lifeng said the two sides had agreed to work on extending a deadline for higher tariffs. 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Even with the hiatus in higher tariffs, companies are feeling a pinch. Industrial profits in China fell 1.8 per cent in the first half of the year and 4.3 per cent in June, according to data released this week. China's top leaders have pledged to help companies slammed by higher US tariffs but are holding back on major moves after trade talks with the US kept businesses and planners in limbo. At their summer economic planning meeting, the powerful politburo of the ruling Communist Party pledged to stabilise foreign trade and investment. "We must assist foreign trade enterprises that have been severely impacted, strengthen financing support, and promote the integrated development of domestic and foreign trade," the official Xinhua News Agency said in reporting the closed-door meeting on Wednesday. It mentioned export tax rebates and free trade pilot zones but gave no other specifics. The inconclusive outcome of two days of trade talks in Stockholm, Sweden, leaves open the question of higher tariffs on Chinese exports to the United States. Chinese Vice-Premier He Lifeng said the two sides had agreed to work on extending a deadline for higher tariffs. The US side said the extension was discussed, but not decided. US Treasury Secretary Scott Bessent told reporters after the talks that President Donald Trump would decide whether to extend the August 12 deadline for an agreement or to let tariffs that have been paused for 90 days return to a higher level. "We haven't given the sign-off," Bessent said, though he emphasised that the talks had been "very constructive". China remains one of the biggest challenges for the Trump administration after it has struck deals over elevated tariff rates with other key trading partners, including Britain, Japan and the European Union. 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That includes reining in brutal competition that has led to damaging price wars among auto makers and some other manufacturers and managing excess capacity in some industries, it said. China's economy expanded at a 5.2 per cent annual pace in April-June, slowing slightly from the previous quarter. Even with the hiatus in higher tariffs, companies are feeling a pinch. Industrial profits in China fell 1.8 per cent in the first half of the year and 4.3 per cent in June, according to data released this week. China's top leaders have pledged to help companies slammed by higher US tariffs but are holding back on major moves after trade talks with the US kept businesses and planners in limbo. At their summer economic planning meeting, the powerful politburo of the ruling Communist Party pledged to stabilise foreign trade and investment. "We must assist foreign trade enterprises that have been severely impacted, strengthen financing support, and promote the integrated development of domestic and foreign trade," the official Xinhua News Agency said in reporting the closed-door meeting on Wednesday. It mentioned export tax rebates and free trade pilot zones but gave no other specifics. The inconclusive outcome of two days of trade talks in Stockholm, Sweden, leaves open the question of higher tariffs on Chinese exports to the United States. Chinese Vice-Premier He Lifeng said the two sides had agreed to work on extending a deadline for higher tariffs. The US side said the extension was discussed, but not decided. US Treasury Secretary Scott Bessent told reporters after the talks that President Donald Trump would decide whether to extend the August 12 deadline for an agreement or to let tariffs that have been paused for 90 days return to a higher level. "We haven't given the sign-off," Bessent said, though he emphasised that the talks had been "very constructive". China remains one of the biggest challenges for the Trump administration after it has struck deals over elevated tariff rates with other key trading partners, including Britain, Japan and the European Union. Many analysts had expected the Stockholm talks to result in an extension of current tariff levels, which stand at a US tariff of 30 per cent on Chinese goods and a Chinese tariff of 10 per cent on US products, far lower than the triple-digit percentage rates raised in April. The truce in the tariffs war to allow time for talks allowed exporters and other traders to ramp up shipments in hopes of beating any higher tariffs that might follow. The meeting headed by Chinese leader Xi Jinping mostly reiterated Beijing's priorities for the year, including a need to "unleash domestic demand", which has lagged, leading to a surge of exports by industries unable to find growth at home. It also stressed the need to promote jobs and prevent a "large-scale relapse into poverty". The economy "has demonstrated strong vitality and resilience", the Xinhua report said, but it acknowledged many risks and challenges. That includes reining in brutal competition that has led to damaging price wars among auto makers and some other manufacturers and managing excess capacity in some industries, it said. China's economy expanded at a 5.2 per cent annual pace in April-June, slowing slightly from the previous quarter. Even with the hiatus in higher tariffs, companies are feeling a pinch. Industrial profits in China fell 1.8 per cent in the first half of the year and 4.3 per cent in June, according to data released this week. China's top leaders have pledged to help companies slammed by higher US tariffs but are holding back on major moves after trade talks with the US kept businesses and planners in limbo. At their summer economic planning meeting, the powerful politburo of the ruling Communist Party pledged to stabilise foreign trade and investment. "We must assist foreign trade enterprises that have been severely impacted, strengthen financing support, and promote the integrated development of domestic and foreign trade," the official Xinhua News Agency said in reporting the closed-door meeting on Wednesday. It mentioned export tax rebates and free trade pilot zones but gave no other specifics. The inconclusive outcome of two days of trade talks in Stockholm, Sweden, leaves open the question of higher tariffs on Chinese exports to the United States. Chinese Vice-Premier He Lifeng said the two sides had agreed to work on extending a deadline for higher tariffs. The US side said the extension was discussed, but not decided. US Treasury Secretary Scott Bessent told reporters after the talks that President Donald Trump would decide whether to extend the August 12 deadline for an agreement or to let tariffs that have been paused for 90 days return to a higher level. "We haven't given the sign-off," Bessent said, though he emphasised that the talks had been "very constructive". China remains one of the biggest challenges for the Trump administration after it has struck deals over elevated tariff rates with other key trading partners, including Britain, Japan and the European Union. Many analysts had expected the Stockholm talks to result in an extension of current tariff levels, which stand at a US tariff of 30 per cent on Chinese goods and a Chinese tariff of 10 per cent on US products, far lower than the triple-digit percentage rates raised in April. The truce in the tariffs war to allow time for talks allowed exporters and other traders to ramp up shipments in hopes of beating any higher tariffs that might follow. The meeting headed by Chinese leader Xi Jinping mostly reiterated Beijing's priorities for the year, including a need to "unleash domestic demand", which has lagged, leading to a surge of exports by industries unable to find growth at home. It also stressed the need to promote jobs and prevent a "large-scale relapse into poverty". The economy "has demonstrated strong vitality and resilience", the Xinhua report said, but it acknowledged many risks and challenges. That includes reining in brutal competition that has led to damaging price wars among auto makers and some other manufacturers and managing excess capacity in some industries, it said. China's economy expanded at a 5.2 per cent annual pace in April-June, slowing slightly from the previous quarter. Even with the hiatus in higher tariffs, companies are feeling a pinch. Industrial profits in China fell 1.8 per cent in the first half of the year and 4.3 per cent in June, according to data released this week.

Rio Tinto profits slip as prices weigh on performance
Rio Tinto profits slip as prices weigh on performance

The Advertiser

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Rio Tinto profits slip as prices weigh on performance

Lumbering iron ore prices and multiple cyclones have weighed on Rio Tinto's profits, but the miner's increasing diversification across other commodities has helped balance the result. Rio posted a $US4.5 billion ($A6.9 billion) net profit in the six months to June 30, a 22 per cent slip on the same period in 2024, after its Pilbara operations were affected by four cyclones. Iron ore is the group's biggest earner, and ore prices have grinded roughly 15 per cent lower from $US107 a tonne to as low as $US93 in 2025. Chief executive Jakob Stausholm, who will make way for incoming boss Simon Trott on August 25, said he had often seen higher prices at other times while at the company's helm. "But this set of results are the strongest, demonstrating real momentum in improving operational performance, real value from a more diversified portfolio, and excellence in unlocking growth projects," Mr Stausholm told investors at an results presentation in London. Positive earnings and cash flow results were buoyed by strong prices and production in aluminium and copper, which helped offset the weaker iron ore performance, chief financial officer Peter Cunningham said. "It's also important to note that going forward, over the next 10 years, we expect that 40 per cent of (iron ore) production from the majors needs to be replaced," he told investors. "And while China's steel consumption has plateaued, there is demand growth elsewhere in global steel markets often supplied by Chinese exports." The company will pay an interim ordinary dividend of $US1.48 ($A2.27) a share, worth $US2.4 billion, delivering its promised 50 per cent payout ratio but a step down from last year's $US1.77 per share. Rio Tinto's production guidance remained largely unchanged, but Pilbara shipments were tipped to fall to the lower end of the expected range because of cyclones in the first quarter. Bauxite and copper production was forecast to come in at the higher end of expectations thanks to better-than-expected mine performances and a successful ramp up at an underground mine in Mongolia. Rio's takeover of Arcadium Lithium came to $US7.6 billion. Along with property and equipment purchases, $US3.8 billion in dividends and other outgoings, this took its net debt to $US14.6 billion, swelling from $US5.5 billion at the end of 2024. Mr Cunningham was confident about Rio's books. "We feel that the balance sheet is in really good shape, and we have flexibility going forward with these sorts of levels," he told investors. "This is a cyclical industry, cash flow goes up and down what we've got to do is use the balance sheet to really make sure we can deliver against the strategy, and also deliver shareholder returns. RBC Capital Markets analysts Kaan Peker and Ben Davis said sentiment on the result would be positive. "Rio Tinto produced a good set of operational results across key divisions that was a six per cent beat at the product group level," the analysts wrote. "But this was dragged down by other items including restructuring costs at Arcadium." Looking further afield, the miner said the global economy appeared resilient, with the energy transition likely to support commodity demand growth. It was likewise optimistic about China's growth prospects, supported by ongoing domestic stimulus and Beijing's commitment to infrastructure investment to offset its ailing property sector. The US economy was holding up despite tariff impacts still feeding through to inflation and consumer sentiment but high mortgage rates, stubborn construction costs and labour shortages weighing on its housing sector. Lumbering iron ore prices and multiple cyclones have weighed on Rio Tinto's profits, but the miner's increasing diversification across other commodities has helped balance the result. Rio posted a $US4.5 billion ($A6.9 billion) net profit in the six months to June 30, a 22 per cent slip on the same period in 2024, after its Pilbara operations were affected by four cyclones. Iron ore is the group's biggest earner, and ore prices have grinded roughly 15 per cent lower from $US107 a tonne to as low as $US93 in 2025. Chief executive Jakob Stausholm, who will make way for incoming boss Simon Trott on August 25, said he had often seen higher prices at other times while at the company's helm. "But this set of results are the strongest, demonstrating real momentum in improving operational performance, real value from a more diversified portfolio, and excellence in unlocking growth projects," Mr Stausholm told investors at an results presentation in London. Positive earnings and cash flow results were buoyed by strong prices and production in aluminium and copper, which helped offset the weaker iron ore performance, chief financial officer Peter Cunningham said. "It's also important to note that going forward, over the next 10 years, we expect that 40 per cent of (iron ore) production from the majors needs to be replaced," he told investors. "And while China's steel consumption has plateaued, there is demand growth elsewhere in global steel markets often supplied by Chinese exports." The company will pay an interim ordinary dividend of $US1.48 ($A2.27) a share, worth $US2.4 billion, delivering its promised 50 per cent payout ratio but a step down from last year's $US1.77 per share. Rio Tinto's production guidance remained largely unchanged, but Pilbara shipments were tipped to fall to the lower end of the expected range because of cyclones in the first quarter. Bauxite and copper production was forecast to come in at the higher end of expectations thanks to better-than-expected mine performances and a successful ramp up at an underground mine in Mongolia. Rio's takeover of Arcadium Lithium came to $US7.6 billion. Along with property and equipment purchases, $US3.8 billion in dividends and other outgoings, this took its net debt to $US14.6 billion, swelling from $US5.5 billion at the end of 2024. Mr Cunningham was confident about Rio's books. "We feel that the balance sheet is in really good shape, and we have flexibility going forward with these sorts of levels," he told investors. "This is a cyclical industry, cash flow goes up and down what we've got to do is use the balance sheet to really make sure we can deliver against the strategy, and also deliver shareholder returns. RBC Capital Markets analysts Kaan Peker and Ben Davis said sentiment on the result would be positive. "Rio Tinto produced a good set of operational results across key divisions that was a six per cent beat at the product group level," the analysts wrote. "But this was dragged down by other items including restructuring costs at Arcadium." Looking further afield, the miner said the global economy appeared resilient, with the energy transition likely to support commodity demand growth. It was likewise optimistic about China's growth prospects, supported by ongoing domestic stimulus and Beijing's commitment to infrastructure investment to offset its ailing property sector. The US economy was holding up despite tariff impacts still feeding through to inflation and consumer sentiment but high mortgage rates, stubborn construction costs and labour shortages weighing on its housing sector. Lumbering iron ore prices and multiple cyclones have weighed on Rio Tinto's profits, but the miner's increasing diversification across other commodities has helped balance the result. Rio posted a $US4.5 billion ($A6.9 billion) net profit in the six months to June 30, a 22 per cent slip on the same period in 2024, after its Pilbara operations were affected by four cyclones. Iron ore is the group's biggest earner, and ore prices have grinded roughly 15 per cent lower from $US107 a tonne to as low as $US93 in 2025. Chief executive Jakob Stausholm, who will make way for incoming boss Simon Trott on August 25, said he had often seen higher prices at other times while at the company's helm. "But this set of results are the strongest, demonstrating real momentum in improving operational performance, real value from a more diversified portfolio, and excellence in unlocking growth projects," Mr Stausholm told investors at an results presentation in London. Positive earnings and cash flow results were buoyed by strong prices and production in aluminium and copper, which helped offset the weaker iron ore performance, chief financial officer Peter Cunningham said. "It's also important to note that going forward, over the next 10 years, we expect that 40 per cent of (iron ore) production from the majors needs to be replaced," he told investors. "And while China's steel consumption has plateaued, there is demand growth elsewhere in global steel markets often supplied by Chinese exports." The company will pay an interim ordinary dividend of $US1.48 ($A2.27) a share, worth $US2.4 billion, delivering its promised 50 per cent payout ratio but a step down from last year's $US1.77 per share. Rio Tinto's production guidance remained largely unchanged, but Pilbara shipments were tipped to fall to the lower end of the expected range because of cyclones in the first quarter. Bauxite and copper production was forecast to come in at the higher end of expectations thanks to better-than-expected mine performances and a successful ramp up at an underground mine in Mongolia. Rio's takeover of Arcadium Lithium came to $US7.6 billion. Along with property and equipment purchases, $US3.8 billion in dividends and other outgoings, this took its net debt to $US14.6 billion, swelling from $US5.5 billion at the end of 2024. Mr Cunningham was confident about Rio's books. "We feel that the balance sheet is in really good shape, and we have flexibility going forward with these sorts of levels," he told investors. "This is a cyclical industry, cash flow goes up and down what we've got to do is use the balance sheet to really make sure we can deliver against the strategy, and also deliver shareholder returns. RBC Capital Markets analysts Kaan Peker and Ben Davis said sentiment on the result would be positive. "Rio Tinto produced a good set of operational results across key divisions that was a six per cent beat at the product group level," the analysts wrote. "But this was dragged down by other items including restructuring costs at Arcadium." Looking further afield, the miner said the global economy appeared resilient, with the energy transition likely to support commodity demand growth. It was likewise optimistic about China's growth prospects, supported by ongoing domestic stimulus and Beijing's commitment to infrastructure investment to offset its ailing property sector. The US economy was holding up despite tariff impacts still feeding through to inflation and consumer sentiment but high mortgage rates, stubborn construction costs and labour shortages weighing on its housing sector. Lumbering iron ore prices and multiple cyclones have weighed on Rio Tinto's profits, but the miner's increasing diversification across other commodities has helped balance the result. Rio posted a $US4.5 billion ($A6.9 billion) net profit in the six months to June 30, a 22 per cent slip on the same period in 2024, after its Pilbara operations were affected by four cyclones. Iron ore is the group's biggest earner, and ore prices have grinded roughly 15 per cent lower from $US107 a tonne to as low as $US93 in 2025. Chief executive Jakob Stausholm, who will make way for incoming boss Simon Trott on August 25, said he had often seen higher prices at other times while at the company's helm. "But this set of results are the strongest, demonstrating real momentum in improving operational performance, real value from a more diversified portfolio, and excellence in unlocking growth projects," Mr Stausholm told investors at an results presentation in London. Positive earnings and cash flow results were buoyed by strong prices and production in aluminium and copper, which helped offset the weaker iron ore performance, chief financial officer Peter Cunningham said. "It's also important to note that going forward, over the next 10 years, we expect that 40 per cent of (iron ore) production from the majors needs to be replaced," he told investors. "And while China's steel consumption has plateaued, there is demand growth elsewhere in global steel markets often supplied by Chinese exports." The company will pay an interim ordinary dividend of $US1.48 ($A2.27) a share, worth $US2.4 billion, delivering its promised 50 per cent payout ratio but a step down from last year's $US1.77 per share. Rio Tinto's production guidance remained largely unchanged, but Pilbara shipments were tipped to fall to the lower end of the expected range because of cyclones in the first quarter. Bauxite and copper production was forecast to come in at the higher end of expectations thanks to better-than-expected mine performances and a successful ramp up at an underground mine in Mongolia. Rio's takeover of Arcadium Lithium came to $US7.6 billion. Along with property and equipment purchases, $US3.8 billion in dividends and other outgoings, this took its net debt to $US14.6 billion, swelling from $US5.5 billion at the end of 2024. Mr Cunningham was confident about Rio's books. "We feel that the balance sheet is in really good shape, and we have flexibility going forward with these sorts of levels," he told investors. "This is a cyclical industry, cash flow goes up and down what we've got to do is use the balance sheet to really make sure we can deliver against the strategy, and also deliver shareholder returns. RBC Capital Markets analysts Kaan Peker and Ben Davis said sentiment on the result would be positive. "Rio Tinto produced a good set of operational results across key divisions that was a six per cent beat at the product group level," the analysts wrote. "But this was dragged down by other items including restructuring costs at Arcadium." Looking further afield, the miner said the global economy appeared resilient, with the energy transition likely to support commodity demand growth. It was likewise optimistic about China's growth prospects, supported by ongoing domestic stimulus and Beijing's commitment to infrastructure investment to offset its ailing property sector. The US economy was holding up despite tariff impacts still feeding through to inflation and consumer sentiment but high mortgage rates, stubborn construction costs and labour shortages weighing on its housing sector.

China's leaders vow economy help as US talks in limbo
China's leaders vow economy help as US talks in limbo

Perth Now

time8 hours ago

  • Perth Now

China's leaders vow economy help as US talks in limbo

China's top leaders have pledged to help companies slammed by higher US tariffs but are holding back on major moves after trade talks with the US kept businesses and planners in limbo. At their summer economic planning meeting, the powerful politburo of the ruling Communist Party pledged to stabilise foreign trade and investment. "We must assist foreign trade enterprises that have been severely impacted, strengthen financing support, and promote the integrated development of domestic and foreign trade," the official Xinhua News Agency said in reporting the closed-door meeting on Wednesday. It mentioned export tax rebates and free trade pilot zones but gave no other specifics. The inconclusive outcome of two days of trade talks in Stockholm, Sweden, leaves open the question of higher tariffs on Chinese exports to the United States. Chinese Vice-Premier He Lifeng said the two sides had agreed to work on extending a deadline for higher tariffs. The US side said the extension was discussed, but not decided. US Treasury Secretary Scott Bessent told reporters after the talks that President Donald Trump would decide whether to extend the August 12 deadline for an agreement or to let tariffs that have been paused for 90 days return to a higher level. "We haven't given the sign-off," Bessent said, though he emphasised that the talks had been "very constructive". China remains one of the biggest challenges for the Trump administration after it has struck deals over elevated tariff rates with other key trading partners, including Britain, Japan and the European Union. Many analysts had expected the Stockholm talks to result in an extension of current tariff levels, which stand at a US tariff of 30 per cent on Chinese goods and a Chinese tariff of 10 per cent on US products, far lower than the triple-digit percentage rates raised in April. The truce in the tariffs war to allow time for talks allowed exporters and other traders to ramp up shipments in hopes of beating any higher tariffs that might follow. The meeting headed by Chinese leader Xi Jinping mostly reiterated Beijing's priorities for the year, including a need to "unleash domestic demand", which has lagged, leading to a surge of exports by industries unable to find growth at home. It also stressed the need to promote jobs and prevent a "large-scale relapse into poverty". The economy "has demonstrated strong vitality and resilience", the Xinhua report said, but it acknowledged many risks and challenges. That includes reining in brutal competition that has led to damaging price wars among auto makers and some other manufacturers and managing excess capacity in some industries, it said. China's economy expanded at a 5.2 per cent annual pace in April-June, slowing slightly from the previous quarter. Even with the hiatus in higher tariffs, companies are feeling a pinch. Industrial profits in China fell 1.8 per cent in the first half of the year and 4.3 per cent in June, according to data released this week.

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