Flash News

TREE NEWS update: China’s Cyberspace Administration and six other departments issued a plan to promote green digitalization, proposing exploration of 800V high-voltage DC power supply architecture for computing facilities and deployment of cabinets exceeding 100kW. The plan also supports liquid cooling, waste heat recovery, and AI-driven energy efficiency management.

TREE NEWS reports: Bitcoin climbed about 4% to reclaim $80,000, with major tokens also gaining, after Fed Governor Christopher Waller signaled he could support holding rates steady this month. Traders responded by cutting September rate-hike odds to a coin flip.

TREE NEWS update: China’s Cyberspace Administration and six other agencies jointly issued the Implementation Plan for Promoting Coordinated Digital-Green Transformation (2026-2030). The plan targets that by 2030, AI will deeply empower green technology and industry, compute facilities and 5G base stations will significantly improve energy efficiency, and renewable electricity consumption in key areas like compute will reach provincial responsibility weight levels.

TREE NEWS reports: Federal Reserve Governor Christopher Waller signaled support for holding rates steady unless inflation data surprises, boosting markets on Sept. 3. The Dow rose 1.08%, Nasdaq 1.2%, and S&P 500 1.04%, with Tesla and Oracle gaining over 4%. Gold, silver, and bitcoin also climbed, but AI hardware lagged. Next week’s CPI data is now the key variable.

TREE NEWS update: Japan’s finance ministry reported on Sept 4 that government ministries’ budget requests for fiscal 2027 total 143.0656 trillion yen (about 6.1374 trillion yuan), a record high and significantly up from the current fiscal year’s 122 trillion yen.

TREE NEWS update: China’s National Financial Regulatory Administration has opened public consultation on a draft amendment to the Insurance Law, proposing to bring insurer shareholders and actual controllers under regulatory oversight. The draft strengthens vetting of major shareholders and controllers, clarifies duties on capital contributions, related-party transactions, and disclosures, and bans equity entrustment and improper interference. It also adds coercive measures and specific penalties targeting shareholders and controllers.

TREE NEWS reports: The US dollar strengthened 0.50% against the Japanese yen during intraday trading, reaching 156.58. The move reflects continued dollar momentum amid market focus on interest rate differentials and upcoming central bank actions.

TREE NEWS update: Chinese regulators jointly issued guidelines capping personal housing loan terms at 40 years and loan amounts at the property’s appraised value. However, bankers noted that prepayments remain high and demand for new mortgages is weak, predicting few new customers will apply for 40-year loans.

TREE NEWS update: Guangzhou Futures Exchange announced plans to add Inner Mongolia and Gansu as delivery regions for industrial silicon futures. The exchange is now soliciting designated delivery warehouses in these areas, effective upon announcement of the new warehouses. The move aims to adapt to industry changes and enhance futures market functionality.

TREE NEWS update: Bank of England Governor Andrew Bailey said Federal Reserve Chair Kevin Warsh is correct that forward guidance carries risks. Central bankers should avoid issuing unconditional guidance, Bailey added, endorsing Warsh’s caution on the policy tool.

TREE NEWS update: Chinese Premier Li Qiang signed a State Council decree announcing the revised Regulations on Emergency Response and Investigation of Electric Power Safety Accidents, effective January 1, 2027. The new regulation contains 38 articles, with key revisions outlined in the decree. The update aims to strengthen safety protocols and accountability in the power sector.

TREE NEWS update: China’s Ministry of Finance and State Taxation Administration have issued the “Measures for Domestic Entities to Withhold and Remit VAT on Natural Persons,” now officially published. The rules establish procedures for domestic units to withhold value-added tax on behalf of individual taxpayers. This regulatory move affects tax compliance for cross-border and domestic transactions involving natural persons.

TREE NEWS update: The People’s Bank of China announced it will conduct a 500 billion yuan outright reverse repo operation on September 7, 2026, using fixed quantity, interest rate bidding, and multiple-price auction methods. The operation will have a term of 3 months (89 days), maturing on December 5, 2026.

TREE NEWS reports: Eurozone retail sales dropped 0.6% month-on-month in July, missing expectations of a 0.2% rise, after a revised 0.3% decline in June. The data signals weakening consumer demand in the bloc.

TREE NEWS update: The second China-Cambodia public-private dialogue mechanism meeting was held in Phnom Penh on September 3, attended by Cambodian Deputy Prime Minister Sun Chanthol, Chinese Ambassador Wang Wenbin, and over 70 officials from 20-plus Cambodian ministries, along with representatives from 70 Chinese enterprises. The meeting aimed to foster cooperation between the two countries’ public and private sectors.

TREE NEWS update: Sichuan and Shandong provinces have unveiled new policies to loosen restrictions on government investment funds. Sichuan’s 20 measures remove return-to-local investment ratios and registration requirements for venture capital funds, allow up to 100% losses on single projects, and extend fund durations to 20 years. Shandong’s 16 measures grant exemptions for managers who act diligently but miss expected returns, avoiding single-project or single-year performance assessments.

TREE NEWS update: Solar energy company announced it received 856 million yuan in renewable energy subsidies in August 2026, including 797 million yuan from national sources. From January 1 to August 31, 2026, total subsidies reached 2.442 billion yuan, up 5.3% year-on-year, with national subsidies at 2.322 billion yuan, up 3.11%.

TREE NEWS update: The German Navy successfully test-fired an Israeli-made Long-Range Artillery Weapon System ballistic missile from a frigate in the North Atlantic, the NATO Allied Joint Force Command Brunssum announced. The missile has a range exceeding 500 kilometers. A German vice admiral called the test a success, marking a new chapter in deterrence and maritime defense for Germany and its allies.

TREE NEWS update: CIMC Group completed the hull of the P-84 floating production storage and offloading unit for Brazil’s Petrobras on September 3 in Yantai, Shandong. It is the world’s first large FPSO with an all-electric design and the largest single FPSO hull project undertaken by a domestic shipyard to date.

TREE NEWS update: US Vice President JD Vance said on April 3 that Washington is investigating an attack on a wedding in Iran that reportedly killed four people and wounded 50. During a White House press briefing, Vance said “sometimes these things happen,” adding that US officials have no confirmed information and are looking into the incident. He expressed skepticism about Iranian media reports.