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

  • France Heightens Anti-Terror Alert Amid Surge in Attacks
    SUPPORT
    France's security situation has escalated. On October 13, a knife attack occurred at Gambetta High School in the northern city of Arras, resulting in the death of a teacher and serious injuries to two others. Classes resumed at the school on the 16th, but a bomb threat in the morning led to the emergency evacuation of over a hundred students and staff.
  • India Tightens Restrictions on Business Projects from "Hostile Nations" Including China
    Modi
    Reports from Indian media state that the Modi government has further tightened regulations, explicitly prohibiting companies from "hostile nations" with land borders, such as China and Pakistan, from directly participating in any commercial projects in India. It's reported that the Department for Promotion of Industry and Internal Trade (DPIIT) has conveyed this directive to state governments via official letters.
  • China Tightens Offshore Trading Rules, Restricting New Mainland Clients
    China Securities Regulatory Commission
    In a move that underscores China's increasing scrutiny over capital outflows and its commitment to stabilizing its currency, the country has issued a directive prohibiting domestic brokerages and their overseas units from accepting new mainland clients for offshore trading. This unprecedented step has been confirmed by multiple sources and is based on an official document that was recently made available to Reuters.
  • China's Marriage Trends: Delayed Nuptials and Rising Singlehood Among Low-Educated Men
    Chinese New Year
    Following China's first negative population growth in nearly 60 years, the reasons for the continued decline in fertility levels have become a focal point of academic discussion. Beyond the widely noted decrease in the total fertility rate, the trend of delayed childbearing is also significant.
  • Middle East Tensions Rise: A New Era or Just a Storm in a Teapot?
    Jerusalem
    Saudi-Israeli Relations on the Horizon Amidst Palestinian-Israeli Clashes
  • Pro-Russian Party Triumphs in Slovakia: What Does It Mean for European Aid to Ukraine?
    former Prime Minister Robert Fico
    As the European Union enters its election season, Western support for Ukraine faces challenges. Ukraine's three eastern neighbors-Slovakia, Poland, and Hungary-are grappling with mounting pressures against aiding Ukraine.
  • Evergrande Saga Deepens: Chairman Hui Ka Yan Investigated Over Offshore Transfers
    China tells Evergrande to avoid dollar bond defaults, Bloomberg reports
    In a recent development that has sent shockwaves through the financial world, Hui Ka Yan, the chairman of China's debt-laden property giant Evergrande Group, is under investigation by Chinese authorities. The probe is centered around suspicions that Hui attempted to transfer assets offshore while the company was mired in a quagmire of unfinished projects.
  • Hui Ka Yan's 'Spouse' Holds Canadian Passport, Son Deeply Involved in Evergrande Affairs
    China tells Evergrande to avoid dollar bond defaults, Bloomberg reports
    On September 28, Hui Ka Yan, chairman of China Evergrande's board of directors, was taken into custody for alleged illegal activities. Due to prior speculations of a "technical divorce", there are concerns in the market about whether his "spouse" Ding Yumei has distanced herself from Hui's assets.
  • Chinese Billionaire Hui Ka Yan and His Son, Along with Several Evergrande Executives, Under Investigation - Insider
    China Evergrande
    Rumors of Hui Ka Yan's detainment had been circulating within Evergrande for some time. "We're not sure if he's being investigated or just assisting with one," said an insider.
  • End of an Era: China's Real Estate Tycoon Hui Ka Yan Faces His Downfall
    End of an Era: China's Real Estate Tycoon Hui Ka Yan Faces His Downfall
    Following Evergrande's deepening debt crisis, the fate of Hui Ka Yan, often referred to as the "Chinese real estate magnate," has taken a dramatic turn.
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