Flash News

TREE NEWS update: China’s Ministry of Civil Affairs will push social organizations toward healthier, higher-quality and more effective development during the 15th Five-Year Plan period, Vice Minister Hu Haifeng said at a State Council Information Office press conference on Monday. The ministry will combine active guidance for development with strict, standardized management, he said, to support Chinese-style modernization.

TREE NEWS reports: China registered 4,007 new renewable power generation projects in August 2026, excluding residential rooftop solar, the National Energy Administration said. The total comprised 3,972 solar projects — 23 centralized and 3,949 commercial and industrial distributed — along with 29 wind projects and 6 biomass projects.

TREE NEWS update: Zhengzhou Commodity Exchange has published a notice soliciting public comments on its sunflower seed oil futures and options contracts and related futures business rules. The consultation covers the contract specifications and the detailed business rules for trading, opening the proposed products to market feedback. No effective date or listing schedule was given in the notice.

TREE NEWS reports: Global handheld smart camera shipments topped 5.88 million units in the second quarter of 2026, up 57% year on year, with sales nearing 15.7 billion yuan, a 50% increase. Action cameras exceeded 2.55 million units (+47%), gimbal cameras nearly 2.8 million (+87%) and panoramic cameras more than 530,000 (+4%).

TREE NEWS reports: Eurozone flash manufacturing PMI for September came in at 52.6 versus a 52.7 forecast and a 52.7 prior reading. The flash services PMI fell to 51.4, missing the 53.0 expected and down from 51.6 previously, while the flash composite PMI dropped to 51.7 against a 53.1 forecast and a 52.0 prior print.

TREE NEWS reports: The OECD now expects the global economy to grow 2.9% in 2026, up from its June forecast of 2.8%, while trimming its 2027 projection to 3.0% from 3.1%. The organization also forecasts G20 inflation of 4.1% in 2026, with the 2027 rate revised sharply higher to 3.6%.

TREE NEWS update: China’s civil affairs departments will focus on five areas to optimize marriage management services during the 15th Five-Year Plan period, starting with improving registration services. The plan includes upgrading the national marriage information database and issuing rules for mainland marriage registration by Chinese citizens where neither party is a mainland resident.

TREE NEWS reports: The London Metal Exchange reported declines in most base metal inventories, with lead stockpiles falling 3,775 tonnes and copper down 1,750 tonnes. Aluminium stocks dropped 750 tonnes, nickel slipped 30 tonnes and tin rose 30 tonnes, while zinc inventories increased 150 tonnes.

TREE NEWS update: China’s Finance Minister Lan Fo’an met Hong Kong Financial Secretary Paul Chan Mo-po in Beijing on September 21, 2026. The two exchanged views on preparations for the APEC finance ministers’ meeting, Hong Kong’s economic and social development, and global trade and economic issues.

TREE NEWS update: Henan province issued 11 tranches of local government bonds totaling RMB 55.1 billion, including a 7-year general bond of RMB 7.846 billion at a 1.56% yield and a 30-year special bond of RMB 11.067 billion at 2.23%. Yields ranged from 1.46% on 5-year land-reserve bonds to 2.23% on 30-year special bonds, with bid-to-cover marginal multiples between 1.00 and 2.88 times.

TREE NEWS update: China currently has 13,000 rural nursing homes and 233,000 rural elderly care service facilities, Vice Minister of Civil Affairs Sun Shuopeng said on September 23 at a State Council Information Office press conference on the 15th Five-Year Plan. During the period, the Ministry of Civil Affairs will accelerate a three-tier county-township-village elderly care network and expand inclusive, basic and safety-net services for different groups of elderly people.

TREE NEWS update: China Development Bank issued a 1-year bond with a scale of 5 billion yuan at an issuance rate of 1.4015%, compared to an expected rate of 1.3900%. The bid-to-cover ratio was 2.20 times, and the marginal ratio was 1.79 times.

TREE NEWS reports: Vietnam’s VN Index dropped 1% to close at 1,798.36. The decline marks a pullback for the benchmark gauge of the Ho Chi Minh City Stock Exchange.

TREE NEWS reports: German government bond gains narrowed, with the 10-year Bund yield down 1 basis point at 3.46%. The move trims an earlier rally in German debt.

TREE NEWS reports: Second-hand home prices in several Shanghai districts have risen noticeably, with some properties up as much as 20% from the start of the year, which agents now describe as the low point. Broker Zhang Shaojun said buyers at the start of 2025 could negotiate discounts of about 15%, while today a 5% reduction is considered a good outcome.

TREE NEWS reports: Germany’s September manufacturing PMI flash reading came in at 53.8, below the 54.0 forecast and down from 54.3 in the prior month. The services PMI flash estimate rose to 52.9 against expectations of 50.0, up from 49.7. The composite PMI flash reading was 53.8, beating the 51.8 forecast and unchanged from the prior 51.8.

TREE NEWS update: China’s National Health Commission said at a press conference that mosquito activity remains high in areas south of the Qinling-Huaihe line, where temperatures are warmer and rainfall heavier, warning against assuming autumn brings an end to mosquito-borne disease risk. Peng Zhibin, a researcher at the Chinese Center for Disease Control and Prevention, said the common belief that falling mosquito numbers after the start of autumn removes the threat of dengue and malaria is inaccurate. Mosquito numbers decline in some regions in autumn, but remain active in the warmer, wetter south, he said.

TREE NEWS reports: Saudi Arabia loaded millions of barrels of oil again on Tuesday at its main Persian Gulf terminal, after rerouting its oil shipments toward the Strait of Hormuz and maintaining a high shipping pace. Satellite imagery showed a supertanker with a capacity of 12 million barrels docked at the country’s Gulf export facility on Tuesday. Sunday had already been the busiest day since at least June, with new vessels arriving and others departing since.

TREE NEWS update: China’s Foreign Ministry said it opposes the United States’ threat to punish countries that allow Iranian flights to land on their territory, after Washington said the penalties would take effect from today. Spokesman Guo Jiakun told a regular briefing that China’s position is consistent and that it firmly opposes illegal unilateral sanctions without a basis in international law or UN Security Council authorization.

TREE NEWS update: China’s Foreign Ministry said on September 23 it has no information on whether a delegation of Chinese business executives will accompany President Xi Jinping on a visit to the United States. Spokesperson Guo Jiakun gave the response at a regular press briefing after Reuters asked whether the ministry could confirm such a delegation.