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

  • China Evacuates Over 40,000 as Torrential Floods Devastate Guizhou; Beijing Expands Disaster Compensation Amid Record Rainfall
    China
    More than 40,000 residents have been evacuated from Rongjiang city in Guizhou province after a second wave of intense rainfall submerged large parts of the region, authorities said Saturday, as China grapples with some of the most extreme flooding in decades. The deluge, which has already claimed six lives, marks another escalation in the country's annual flood crisis, now increasingly linked to climate change.
  • Canada Orders Chinese Surveillance Giant Hikvision to Shut Down Operations Over National Security Risks
    Canada Orders Chinese Surveillance Giant Hikvision to Shut Down Operations Over National Security Risks
    The Canadian government has ordered Chinese surveillance technology manufacturer Hikvision to cease all operations in Canada, citing national security concerns. The decision marks a sharp escalation in Canada's scrutiny of Chinese technology firms and follows years of mounting pressure from Western allies over human rights and data security issues tied to Chinese state-linked companies.
  • China Confirms Trade Deal Framework as U.S. Says Rare Earth Shipments to Resume
    US China Relations
    The United States and China have finalized a framework agreement to expedite rare earth mineral exports and ease certain technology restrictions, the latest sign of a fragile détente between the world's two largest economies. The deal, confirmed Friday by China's Ministry of Commerce, follows months of stalled implementation after a preliminary consensus was reached in Geneva this spring.
  • Oil Tankers U-Turn in Hormuz as China Orders Emergency Daily Check-Ins Amid Strike Fears
    Oil Tankers U-Turn in Hormuz as China Orders Emergency Daily Check-Ins Amid Strike Fears
    Crude oil markets surged and global shipping routes reeled on Monday after U.S. airstrikes on Iranian nuclear facilities sparked fears of retaliation in the Strait of Hormuz, the world's most critical maritime oil chokepoint. Supertankers began zig-zagging, U-turning, or anchoring outside the strait, and freight rates for very large crude carriers (VLCCs) more than doubled in a week to over $60,000 per day, according to freight data.
  • China Condemns British Warship Transit Through Taiwan Strait
    China Condemns British Warship Transit Through Taiwan Strait
    A Royal Navy patrol vessel transiting the Taiwan Strait has triggered a fierce response from China, which accused the United Kingdom of "deliberately causing trouble" and undermining regional peace. The HMS Spey sailed through the contested waterway on Wednesday in what the U.K. Defense Ministry described as a routine "freedom of navigation operation" consistent with international maritime law.
  • China’s New Housing Demand to Stay 75% Below 2017 Peak, Goldman Sachs Warns
    China Real Estate
    China's demand for new homes is projected to remain nearly 75% below its 2017 peak over the coming years, according to a new forecast from Goldman Sachs, underscoring deepening structural challenges in the country's property market. The investment bank cited a combination of demographic shifts, weakening investor sentiment, and a pivot in government policy as reasons for the prolonged downturn.
  • Kim Jong Un Relaunches Damaged Destroyer, Pledges Naval Expansion Against U.S. ‘Provocations’
    Kim Jong un
    North Korean leader Kim Jong Un presided over the relaunch of a 5,000-ton destroyer that partially sank during its failed inauguration last month, vowing to accelerate naval expansion and deploy warships deeper into the Pacific Ocean as tensions with the United States escalate.
  • China Downplays Trump’s ‘Done Deal' as U.S. Sets Fixed 55% Tariff on Imports
    US China Relations
    President Donald Trump declared a new trade agreement with China "done" on Wednesday, framing it as a breakthrough on tariffs, rare earths, and educational exchanges. However, Chinese officials characterized the result as a preliminary framework rather than a finalized deal, underscoring the unresolved tensions between the two economic superpowers.
  • Hong Kong Police Warn Downloading Taiwan-Linked Game May Violate National Security Law
    Hong Kong Police Warn Downloading Taiwan-Linked Game Reversed Front May Violate National Security Law
    Authorities in Hong Kong warned on Tuesday that downloading or promoting a mobile game developed in Taiwan could lead to prosecution under the city's national security law, accusing it of advocating "armed revolution" and supporting secessionist ideologies hostile to Beijing.
  • U.S.-China Trade Truce Restored as Trump Touts Rare Earth Supply, Student Visa Concessions
    US China
    President Donald Trump on Wednesday said China would supply rare earth materials "up front" to the United States under a new trade framework he described as a "great WIN for both countries," while declaring that U.S. tariffs on Chinese goods would remain as high as 55%.
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