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 Confronts Deepening Deflation and Export Crisis as Tariffs Force Goods into Domestic Market
    China Confronts Deepening Deflation and Export Crisis as Tariffs Force Goods into Domestic Market
    China's economy is entering precarious territory as soaring U.S. tariffs and collapsing export orders force Chinese manufacturers to dump billions of dollars worth of goods into the domestic market, triggering a brutal price war and intensifying deflationary pressures.
  • Death Toll Rises to 10 After Four Boats Capsize in China’s Guizhou Province
    Death Toll Rises to 10 After Two Boats Capsize in China’s Guizhou Province
    At least nine people are confirmed dead and one remains missing after four sightseeing boats capsized during a sudden storm in southwest China's Guizhou province, authorities said Monday. The incident, which occurred on the Wu River near Qianxi City on Sunday, threw more than 70 people into the water and prompted a large-scale emergency response.
  • Xi Jinping to Visit Moscow for Victory Day Amid Ukraine Tensions and Western Sanctions
    China - Russia
    Chinese President Xi Jinping will travel to Moscow from May 7 to 10 to participate in Russia's Victory Day celebrations and hold high-level talks with Russian President Vladimir Putin, the Kremlin announced Sunday.
  • China Weighs Fentanyl Concessions to Reopen Trade Talks With Trump Administration
    US China
    China is considering offering new commitments to curb the export of chemicals used in fentanyl production, in a potential move to reopen stalled trade negotiations with the United States, according to people familiar with the matter cited by The Wall Street Journal.
  • Temu Wipes All China-Based Listings for U.S. Shoppers Overnight Amid Trump’s Tariff Crackdown
    Temu Wipes All China-Based Listings for U.S. Shoppers Overnight Amid Trump’s Tariff Crackdown
    Temu, the fast-growing Chinese e-commerce platform owned by PDD Holdings Inc., has removed all China-based product listings from its U.S. storefront as it braces for the impact of sweeping tariffs imposed by former President Donald Trump.
  • China Evaluating U.S. Tariff Talks Amid 145% Trade War Levies
    US China Relations
    China is assessing recent outreach by senior U.S. officials to initiate trade talks, according to a statement Friday from its commerce ministry, as tensions mount over steep tariffs that have rattled financial markets and placed pressure on global supply chains.
  • Beijing Signals No Rush to Negotiate as Xi Bets on Domestic Demand Amid Trump's 145% Tariffs
     U.S. President Donald Trump and China's President Xi Jinping shake hands in Beijing
    President Donald Trump escalated his trade war rhetoric Wednesday, calling China the world's "chief-ripper-offer" and defending his 145% tariffs on Chinese imports, even as concerns mount over potential economic fallout on both sides of the Pacific. Despite public statements from the White House that negotiations are underway, China's government has denied that direct talks are currently taking place.
  • Trump Administration Quietly Reaches Out to China For Tariff Talks as Trade Deficit Hits $1.2 Trillion
    US China Relations
    The Trump administration has initiated backchannel efforts to restart tariff negotiations with Beijing, according to Chinese state-affiliated media, despite no formal talks being confirmed by U.S. trade officials. The development comes as the administration simultaneously pushes to finalize a series of targeted trade deals with other countries in response to mounting economic and political pressure.
  • China Blames U.S. for COVID-19 Origins in White Paper, Rejects Wuhan Lab Leak Allegations
    China Blames U.S. for COVID-19 Origins in White Paper, Rejects Wuhan Lab Leak Allegations
    China escalated the debate over the origins of COVID-19 on Wednesday, releasing an official white paper alleging that the virus may have emerged in the United States before surfacing in Wuhan. The document, issued by China's State Council Information Office and published by Xinhua News Agency, directly counters U.S. claims that a lab leak in China sparked the pandemic, calling the accusations politically motivated and unsupported by evidence.
  • China Shipments to U.S. Collapse as Trump’s Tariffs Hit Supply Chains, Retailers Warn of Shortages
    China Shipments to U.S. Collapse as Trump’s Tariffs Hit Supply Chains, Retailers Warn of Shortages
    Imports from China to the United States are plummeting amid escalating trade tensions, as President Donald Trump's sweeping 145% tariffs on Chinese goods bring trans-Pacific cargo traffic to a standstill. U.S. retailers and logistics firms are warning of impending product shortages, rising prices, and layoffs if the disruption persists.
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