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

  • Escalating Israeli-Palestinian Conflict Raises Global Trade Costs, Threatens Indo-European Economic Corridor
    Israeli Air Force F-35
    The Israeli-Palestinian conflict, which has seen a significant escalation over the past month, continues without a glimpse of peace. On November 13, Israel's First Lady Michal Herzog revealed that her son, a member of the Israeli ground forces, has gone missing in the conflict.
  • EU Advances in Raw Material Independence with Political Agreement on Critical Raw Materials Act
     European Union flags fly outside the European Commission headquarters in Brussels, Belgium.
    The European Union has made significant progress in its political efforts to achieve independence in key minerals. According to the European Commission's official website, on November 13, member states and the European Parliament reached a political agreement on the latest text of the European Critical Raw Materials Act (CRMA). Following approval by the two institutions (the European Parliament and the European Council), the act will officially come into effect. The European Parliament's Committee on Industry, Research, and Energy is set to vote on it on December 7.
  • Bed Bug Crisis Spreads Globally, France's Olympic Dreams and Public Health in Jeopardy
    Bed Bug Crisis Spreads Globally, France's Olympic Dreams and Public Health in Jeopardy
    Last month, Mathilde Panot, a left-wing French lawmaker and leader of the "France Unbowed" parliamentary group, raised concerns in the French National Assembly about a growing bed bug crisis in France. Holding a glass jar containing bed bugs, Panot warned of a nationwide panic and questioned Prime Minister Élisabeth Borne on the government's plans to address the issue, suggesting action might only be taken if the Prime Minister's office itself were infested.
  • Global Population Growth May Fall Short of UN Projections: Cause for Concern or Celebration?
    People walk along near the Bund in Shanghai, China May 10, 2021.
    There's a debate over when the global population will surpass the 8 billion mark. The U.S. Census Bureau, using its international database, estimated that this threshold was crossed around September 26 this year. This contrasts with the United Nations' announcement that the global population will reach 8 billion on November 15, 2022.
  • China's Corporate Elite Face Vanishing Act Amid Regulatory Crackdown
    China
    In China, the unexplained absence of top business figures has become a narrative as predictable as it is disturbing. Chеn Shaojiе, CEO of the live-streaming platform DouYu, has joined the ranks of the missing, with state media Cover News reporting his disappearance nearly three weeks ago. Amid the murkiness, DouYu maintains that operations continue as usual, promising to keep stakeholders informed.
  • Kishida's Cabinet Hits Historic Low Approval
    Fumio Kishida
    Japanese Prime Minister Fumio Kishida's sweeping cabinet reform in September, aimed at rescuing his plummeting approval ratings, has not halted the further decline in support for his cabinet.
  • China Bids Emotional Farewell to Former Premier Li Keqiang Amid Tightened Security
    Chinese Premier Li Keqiang
    In a rare show of public sentiment, countless mourners converged in Beijing and central China to honor the life and legacy of China's former Premier Li Keqiang, who passed away suddenly last week from a heart attack at 68. Not just a reflection of the love and respect he earned from his countrymen, the gatherings also hinted at the undercurrents of dissatisfaction with the nation's existing governance.
  • SHEIN's Global Shopping Spree Continues with Acquisition of UK's Missguided
    SHEIN's Global Shopping Spree Continues with Acquisition of UK's Missguided
    SHEIN announced its acquisition of the fast-fashion brand Missguided and all its intellectual property rights from the UK's Frasers Group. The financial details of the acquisition were not disclosed.
  • Li Keqiang, Former Chinese Premier and China's Economic Torchbearer, Dies Unexpectedly at 68
    China Trade Wars
    China's political sphere was shaken with the sudden demise of its former Premier Li Keqiang. The state broadcaster, CCTV, confirmed on Friday that Li succumbed to a heart attack during his rest in Shanghai, a day earlier. His death occurred shortly after midnight on October 27.
  • Microsoft Leads in AI Race as Google Slows Down
    A Microsoft logo is seen next to a cloud in Los Angeles
    Since the AI boom this year, quarterly financial reports have been viewed as a "quarterly update" on the tech giants' preparations in the AI arena. This past Tuesday, Google and Microsoft's "report cards" were the exact opposite of the previous quarter: where Google led last time, Microsoft now takes the lead.
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