Flash News

TREE NEWS update: China’s Ministry of Commerce on Tuesday reiterated its opposition to unilateral US sanctions imposed without UN Security Council authorization, citing repeated US actions against Chinese enterprises and individuals over Iran. The ministry urged Washington to immediately correct its actions and revoke the sanctions, warning that the measures disrupt normal international trade and global energy security.

TREE NEWS update: At the 2026 World Power Battery Conference in Yibin, Sichuan, the Power Battery Industry Development Index (2026) was released, ranking CATL, BYD, and LG Energy Solution as the top three comprehensive performers among enterprises, excelling in scale, innovation, and sustainability.

TREE NEWS update: Chinese President Xi Jinping attended the 2026 Shanghai Cooperation Organization summit and paid state visits to Kyrgyzstan and Egypt, as announced by Foreign Minister Wang Yi. The trips aim to promote development and revitalization among nations and reform global governance.

TREE NEWS update: US retail diesel prices have reached a four-year high, driven by tight global supply. The surge reflects strained inventories and strong demand amid ongoing supply disruptions worldwide. This marks a notable escalation in fuel costs for American consumers and businesses.

TREE NEWS update: China’s National Disease Control and Prevention Administration reported at a press conference that over 5.2 million eligible school-age girls nationwide have completed their first dose of the HPV vaccine, with smooth overall progress. The update was provided during a briefing on disease prevention for the new school term.

TREE NEWS update: China’s commerce ministry on Friday voiced firm opposition to US Treasury Secretary Bessent’s recent remarks, saying that using G20 platforms to hype ‘economic imbalance’ and ‘overcapacity’ is protectionism and an excuse to pressure China. Spokesperson Huang Ling said such rhetoric disrupts global trade and harms economic growth, urging multilateralism and cooperation.

TREE NEWS update: At the 2026 World Power Battery Conference in Yibin, Sichuan, Vice Minister of Industry and Information Technology Xiong Jijun said the ministry will further regulate competition order, strengthen industry monitoring and capacity warnings, and curb low-price competition and blind expansion. It will also promote new energy heavy-duty truck applications and expand battery uses in storage, transportation, and embodied AI.

TREE NEWS update: China’s commerce ministry on Friday urged France to immediately stop implementing its anti-fast-fashion law, which Beijing says violates WTO non-discrimination principles under the guise of environmental and sustainability standards. Spokesperson Huang Ling warned that if France persists, China will take necessary measures to protect Chinese enterprises, with all consequences borne by France.

TREE NEWS reports: ANZ Group analysts Soni Kumari and Daniel Hynes forecast that copper prices could reach a record high early next year, driven by US tariff concerns, supply challenges, and resilient global demand. Speculation of US tariffs on copper imports has boosted flows into the US, supporting prices, while EV and renewable infrastructure investment lifts demand and South American supply faces pressure.

TREE NEWS update: Mexican Foreign Minister Alicia Bárcena will visit China on September 6-7 at the invitation of Chinese Foreign Minister Wang Yi, the Chinese Foreign Ministry announced. The visit underscores ongoing diplomatic engagement between the two nations.

TREE NEWS update: The National Disease Control and Prevention Administration warned on Friday that risks of school-common infectious diseases such as influenza, norovirus and hand-foot-mouth disease are rising as the new semester begins. COVID-19 cases have fallen for three consecutive weeks, while dengue and other mosquito-borne diseases remain prevalent in southern provinces.

TREE NEWS reports: The dollar-yen pair fell to 156.5, now at 156.393, marking a 2.1% decline over the past 24 hours. This move reflects yen strength against the dollar, though specific drivers were not detailed.

TREE NEWS update: Geely Holding Group said it will fully implement China’s new guidelines on overseas competition and compliance for the auto industry, aiming to support high-quality exports of Chinese vehicles. The company pledged to uphold fair competition, strengthen local operations, and enhance technology and service to protect the global auto market order.

TREE NEWS update: China’s national student myopia rate fell to 49.9% in 2025, down 3.7 percentage points from 53.6% in 2018, according to data released by the National Disease Control and Prevention Administration on September 3. The rate has declined for five consecutive years.

TREE NEWS reports: The dollar fell 1.3% against the yen to 156.64, touching its lowest level in a month. The move reflects continued yen strength amid shifting rate expectations. Traders are watching for possible intervention by Japanese authorities.

TREE NEWS reports: British government bonds opened higher on the day, with the 10-year gilt yield declining 4 basis points to 5.2%. The move reflects improved demand for UK debt in early trading. No further details were provided in the initial report.

TREE NEWS update: At the 2026 World Power Battery Conference in Yibin on Sept 3, Vice Minister of Industry and Information Technology Xiong Jijun said the ministry will support industry players in breaking through technologies for all-solid-state, sodium-ion and lithium-metal batteries. The push aims to accelerate R&D of new material systems and process structures to improve energy density, safety and durability of power batteries.

TREE NEWS reports: China’s Shanghai and Shenzhen stock exchanges recorded a combined turnover of 1,758.916 billion yuan on September 3. The Shanghai market traded 819.882 billion yuan, Shenzhen 939.034 billion yuan, and the ChiNext board 433.789 billion yuan.

TREE NEWS reports: European stocks opened mixed on [date]. Germany’s DAX rose 0.04%, the UK’s FTSE 100 gained 0.12%, and France’s CAC 40 slipped 0.01%. The Euro Stoxx 50 was up 0.05%.

TREE NEWS reports: China’s three major stock indexes closed slightly higher on Thursday, with the Shanghai Composite up 0.02%, Shenzhen Component up 0.1%, and ChiNext up 0.01%. Total turnover fell below 1.8 trillion yuan to 1.78 trillion yuan, while over 3,500 stocks declined. Liquid cooling concept stocks led gains, with Jitai Co. hitting a four-day limit up.