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

  • Blinken Meets with China's President Xi Amid Growing Tensions Over Ukraine, Taiwan, and Trade
    Blinken Meets with China's President Xi Amid Growing Tensions Over Ukraine, Taiwan, and Trade
    U.S. Secretary of State Antony Blinken met with Chinese President Xi Jinping and other top officials in Beijing on Friday, as the two nations grapple with a range of contentious issues that have strained their relationship.
  • Blinken's Mission to Navigate US-China Ties Amid Taiwan, Russia, and Economic Challenges
    Antony Blinken
    U.S. Secretary of State Antony Blinken arrived in Shanghai on Wednesday, marking another high-level contact between the United States and China as the two global rivals seek to stabilize their strained relationship. While the visit signals a steadier footing for U.S.-China ties, a daunting array of unresolved issues threatens to undermine the progress made in recent months.
  • Potential Buyers Line Up as TikTok Faces Forced Sale, but Challenges Loom
    FILE PHOTO: The TikTok logo is pictured outside the company's U.S. head office in Culver City, California, U.S., September 15, 2020.
    As the clock ticks for TikTok to find a new owner following President Joe Biden's signing of legislation that would ban the app in the United States unless its Chinese parent, ByteDance, sells it, a handful of American finance and tech tycoons are gearing up for multi-billion dollar bids. However, potential buyers face formidable obstacles in prying TikTok from ByteDance's hands and into American ownership.
  • Chinese Exporters Confident Despite U.S. Tariff Threats Amid Strong International Demand
    SMIC
    The Canton Fair, China's largest trade event held in Guangzhou, has recently become a vivid display of the resilience and adaptability of Chinese exporters amid escalating global trade tensions. Despite the looming threat of increased U.S. tariffs, international buyers are flocking to the fair, drawn by the unbeatable prices and quality offered by Chinese products.
  • Southern China Braces for Severe Flooding as Record-Breaking Rains Batter Guangdong Province
    Southern China Braces for Severe Flooding as Record-Breaking Rains Batter Guangdong Province
    Southern China's densely populated Pearl River Delta is grappling with severe flooding following record-breaking rains, sparking concerns about the region's defenses against increasingly intense deluges induced by extreme weather events. Guangdong province, once dubbed the "factory floor of the world," has been battered by unusually heavy, sustained, and widespread rainfall since Thursday, with powerful storms ushering in an earlier-than-normal start to the province's annual flooding season.
  • China Targets U.S. Chemical Imports with New Levies
    U.S. has reached out to China about cutting oil imports from Iran, officials say
    Beijing has announced a substantial 43.5% levy on imports of propionic acid from the U.S., a chemical widely utilized in various sectors including food preservation, animal feed, and pharmaceutical manufacturing.
  • Study Reveals 45% of China's Major Cities Sinking, Putting Millions at Risk of Flooding
    Study Reveals 45% of China's Major Cities Sinking, Putting Millions at Risk of Flooding
    A new study published in the journal Science has revealed that nearly half of China's major cities are experiencing "moderate to severe" levels of subsidence, putting millions of people at risk of flooding, especially as sea levels continue to rise due to climate change.
  • China Cracks Down on 8.3 Million Debt Defaulters with Strict Travel and Lifestyle Restrictions - Report
    The Bank of East Asia
    China is cracking down on its growing debt crisis by imposing severe penalties on 8.3 million individuals who have failed to settle their debts. The government's delinquency blacklist has swelled by nearly 50% since late 2019, leading to stringent measures that restrict defaulters' access to high-speed rail travel, luxury accommodations, and even vacations.
  • China-EU Trade Tensions Escalate, Risking Full-Blown Trade War, Warns European Chamber President
    EU, China agree to hold summit, Michel says after Xi call
    The president of the European Chamber in China, Jens Eskelund, has warned that rising protectionism between China and Europe threatens to escalate into a full-scale trade war, likening the situation to a "slow motion train accident." Eskelund's comments come on the heels of German Chancellor Olaf Scholz's three-day tour of China, during which he conveyed European concerns about Beijing's investment policies and pushed for improved market access.
  • China Scrambles Fighter Jets to Monitor US Navy Plane in Taiwan Strait
    Chinese Entities Soon To Be Removed From U.S. Red Flag List In Bid To Improve Ties
    A U.S. Navy P-8A Poseidon maritime patrol and reconnaissance plane flew through the Taiwan Strait on Wednesday, just hours after a rare phone call between U.S. Defense Secretary Lloyd Austin and Chinese Defence Minister Dong Jun.
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