Ethan Zhao

Ethan Zhao
Senior Reporter
Ethan Zhao is a features reporter at Business Times specializing in company, technology and in-depth. For news tips and feedback, please contact: ethanz@businesstimes.cn

The Latest

  • Trump and Xi Agree on AI Safety, Trade and Military Talks After Washington Summit
    Donald Trump Praises Xi Jinping as ‘Great Leader’ in Beijing After Years of Accusing China of ‘Ripping Off’ America
    President Donald Trump and Chinese President Xi Jinping agreed to establish a new communication channel for artificial intelligence incidents, strengthen military crisis management and pursue tariff reductions on $30 billion in bilateral trade following a three-day Washington summit that produced incremental agreements but no major breakthroughs in their broader disputes.
  • China Reportedly Takes Possession of F-35 Stealth Parts After UPS Shipment Is Diverted to Hong Kong
    UAE
    China has taken possession of potentially sensitive components from an F-35 stealth fighter after a UPS shipment was inexplicably diverted to Hong Kong, according to reports, raising questions about whether radar-absorbing technology used on one of America's most advanced combat aircraft could be examined by Beijing.
  • China Hits Japanese Chip-Material Suppliers With Deposits of Up to 99.2%, Tokyo Protests
    China Cuts Rare Earth Exports to Japan After Taiwan Remarks, Escalating Supply-Chain Tensions
    Japan protested new Chinese trade measures targeting a key semiconductor chemical, escalating a broader dispute between Asia's two largest economies as Beijing moves to protect domestic producers and tighten pressure on Tokyo.
  • ByteDance Locks In Record $29.6 Billion Loan as Banks Back Its Expanding AI Buildout
    Bytedance
    ByteDance is preparing to borrow a record $29.6 billion from a group of global banks after demand for the financing exceeded $30 billion, giving the TikTok parent a large pool of offshore capital as it accelerates spending on artificial intelligence infrastructure while remaining one of the world's biggest privately held technology companies.
  • Trump Opens U.S. to 300,000 Tons of Foreign Beef as China Rejects 22-Ton Argentine Shipment Over Banned Antibiotic
    Donald Trump Praises Xi Jinping as ‘Great Leader’ in Beijing After Years of Accusing China of ‘Ripping Off’ America
    President Donald Trump is moving to allow as much as 300,000 metric tons of foreign beef into the U.S. over 90 days, betting that a surge in lower-priced imports will ease grocery bills as the American cattle herd sits near its smallest level in decades. The plan is drawing resistance from Republican ranchers and lawmakers, while Argentina-one potential supplier-faces renewed scrutiny after China rejected a 22-ton shipment in March over detection of a banned antibiotic.
  • Evergrande Founder Hui Ka Yan Sentenced to Life in Prison Over Massive Financial Fraud
    End of an Era: China's Real Estate Tycoon Hui Ka Yan Faces His Downfall
    Evergrande founder Hui Ka Yan has been sentenced to life in prison, marking a dramatic turn in the downfall of the Chinese property empire that once accumulated more than $300 billion in liabilities.
  • China Turns Hormuz Crisis Into Economic Advantage as Energy Shock Hits Asian Supply Chains
    China and Myanmar Wipe Out Major Telecom Fraud Centers, Repatriate 763 Suspects
    China appears to have weathered the latest disruption in the Strait of Hormuz better than many of its Asian neighbors, using strategic energy reserves, state intervention and its dominance in clean-energy manufacturing to cushion the economic blow from rising oil prices and supply chain disruptions, according to analysis cited by The New York Times.
  • Malaysia Extends MH370 Search Until 2027 as Ocean Infinity Continues Hunt for Missing Flight
    Malaysia Restarts MH370 Search After a Decade with New Technology and Hope
    Malaysia has extended the search for Malaysia Airlines Flight MH370 for another year, renewing its agreement with Ocean Infinity in an effort to solve one of aviation's greatest mysteries more than 13 years after the Boeing 777 disappeared with 239 people on board.
  • China Targets 56 U.S. Firms After Pentagon Blacklists Alibaba, Baidu and BYD
    China US Trade Talks
    China has imposed new trade restrictions on dozens of American companies, including defense contractors, drone manufacturers and rare-earth firms, in a measured retaliation against the Pentagon's decision to expand its list of Chinese companies allegedly linked to Beijing's military.
  • Xi Jinping’s Crackdown Punishes Nearly 1 Million Officials as China Targets Fortune Tellers and Feng Shui
    Yes, to close ties with U.S.
    Chinese President Xi Jinping's sweeping anti-corruption campaign has evolved far beyond bribery and financial misconduct, with nearly one million officials punished in 2025 as authorities increasingly target political loyalty, personal behavior, family conduct and even spiritual beliefs, according to disciplinary records reviewed by The Wall Street Journal.
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