Ikea in Harbin closes its doors for clearance sale, triggering a “clearing out” shopping scene
Swedish furniture giant IKEA announced the closure of 7 physical stores in China recently, and on February 1st, the IKEA…
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Buyers have the upper hand as US housing market slides towards a buyer’s market.
The housing market in the United States continues to soar, leading to a growing number of buyers opting out of…
Chinese Metal Trading Industry Loses 1 Billion Yuan as Middleman Flee
Bloomberg reported on Sunday (February 1) that the entire metal trading industry is facing losses of over 1 billion yuan…
Japan’s January PMI Hits Three-and-a-Half-Year High, Manufacturing Sector May Make Strong Comeback
Japan’s manufacturing industry has delivered an impressive report card at the start of 2026, driven by the twin effects of…
Stock Market in A-share Market Suffers Comprehensive Plunge with Over 4600 Stocks Falling
On February 2nd, the A-share market in mainland China suffered a comprehensive plunge, with all three major indexes dropping by…
Japanese successfully excavate large amounts of rare earth mud from 6,000 meters deep sea.
The Japanese government announced on Monday (February 2) that the deep-sea drilling ship “Earth Ship” successfully extracted rare earth mud…
Vanke in crisis: Wang Shi rumored to have cut off communication to dispel rumors.
Chinese real estate giant Vanke is in crisis, with its executive vice president, Yu Liang, resigning in early January and…
Vanke is expected to lose 82 billion yuan in 2025, with two years of losses exceeding the total market value.
On January 31, Vanke Corporation (Vanke) announced that it expects a net loss attributable to shareholders of the listed company…
Forbes China Rich List Released: Lei Jun’s Wealth Surpasses Jack Ma, Attracting Attention
The latest ranking of the Forbes China Rich List as of January 2026 has been released. Zhang Yiming, Zhong Shanshan,…
China’s Rich Lose Confidence in Economy to Lowest Level in 14 Years
The latest report from the Hurun Research Institute shows that the economic confidence index of Chinese billionaires for the next…