In mid-October 2026, Gao Xiaoxing Noodle Shop near People’s Square in Shanghai closed less than two months after opening, drawing attention across the restaurant industry. The restaurant covered about 8,740 square feet (812 square meters) and was designed to operate 24 hours a day. A bowl of beef broth noodles cost just 12 yuan, an attractive price in one of Shanghai’s most expensive shopping districts. But the bargain-priced restaurant failed in under two months. Its owner had spent nearly 3 million yuan (about US$420,000) on renovations and lost the investment. A closure notice now hangs at the entrance. Some 400 chairs remain neatly arranged inside as the property seeks a new tenant.
In mid-October 2026, Gao Xiaoxing Noodle Shop near People's Square in Shanghai closed less than two months after opening, drawing attention across the restaurant industry. The restaurant covered about 8,740 square feet (812 square meters) and was designed to operate 24 hours a day. A bowl of beef broth noodles cost just 12 yuan, an attractive price in one of Shanghai's most expensive shopping districts. But the bargain-priced restaurant failed in under two months. Its owner had spent nearly 3 million yuan (about US$420,000) on renovations and lost the investment. A closure notice now hangs at the entrance. Some 400 chairs remain neatly arranged inside as the property seeks a new tenant.
On October 13, 2026, authorities announced that Huang Qifan, the former mayor of Chongqing, China, was under investigation. The veteran financial technocrat continued giving speeches across China after retirement and became a celebrity economist online. The reasons for his downfall remain unclear.
On October 13, 2026, authorities announced that Huang Qifan, the former mayor of Chongqing, China, was under investigation. The veteran financial technocrat continued giving speeches across China after retirement and became a celebrity economist online. The reasons for his downfall remain unclear.
The report explains how such a steep decline could happen within 74 years, a period approaching an average human lifespan. As people age and die, the population can shrink rapidly if births remain too low to replace them. Still, Yi’s projection of 320 million depends on a specific starting population and fertility trends. It is not a certain outcome.
The report explains how such a steep decline could happen within 74 years, a period approaching an average human lifespan. As people age and die, the population can shrink rapidly if births remain too low to replace them. Still, Yi’s projection of 320 million depends on a specific starting population and fertility trends. It is not a certain outcome.
According to China’s Ministry of Education, the number of college graduates in 2026 is expected to reach a record 12.7 million, about 480,000 more than in 2025. Including unemployed graduates from previous years and students returning from overseas, the total number of job seekers is expected to double.
According to China’s Ministry of Education, the number of college graduates in 2026 is expected to reach a record 12.7 million, about 480,000 more than in 2025. Including unemployed graduates from previous years and students returning from overseas, the total number of job seekers is expected to double.
Trump wants American factory jobs back. In China, “dark factories” run with the lights off and a fraction of the workers. CNN’s Mike Valerio takes our hosts inside a factory that hardly needs humans.
Stream the rest of Meanwhile in Asia on the CNN app:
Watch 24/7 live news with CNN Headlines:
Stream more on CNN with an All Access subscription:
Trump wants American factory jobs back. In China, “dark factories” run with the lights off and a fraction of the workers. CNN’s Mike Valerio takes our hosts inside a factory that hardly needs humans.
Stream the rest of Meanwhile in Asia on the CNN app:
Watch 24/7 live news with CNN Headlines:
Stream more on CNN with an All Access subscription:
