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

  • Beijing Tightens Control Over Outbound U.S. Investments Amid Rising Trade War Threat
    US China Relations
    China is restricting domestic companies from investing in the United States, a move that signals rising tensions between the world's two largest economies as former President Donald Trump prepares to unveil a new tariff framework.
  • China Escalates Taiwan Military Drills With Live-Fire Exercises, U.S. Reaffirms Support for Island
    China Launches Massive Military Drills Around Taiwan, Deploys Aircraft Carrier and 71 Warplanes
    China's military launched a second consecutive day of live-fire drills near Taiwan on Wednesday, signaling a growing willingness to pressure the democratically governed island as part of its broader campaign to assert control over the Taiwan Strait.
  • Japan Races to Secure Exemption as U.S. Auto Tariffs Set to Hit, Threatening Exports and Jobs
    Shigeru Ishiba Elected Japan’s New Prime Minister Amid Political and Security Shifts
    Japan is making a last-ditch push to avoid inclusion in the United States' sweeping 25% auto tariff set to take effect Wednesday night, as Prime Minister Shigeru Ishiba vowed to escalate negotiations directly with President Donald Trump if necessary. The tariffs, which apply to fully imported vehicles starting midnight U.S. time, are expected to expand to auto parts in the coming weeks.
  • China Launches Massive Military Drills Around Taiwan, Deploys Aircraft Carrier and 71 Warplanes
    China Launches Massive Military Drills Around Taiwan, Deploys Aircraft Carrier and 71 Warplanes
    China launched expansive military drills around Taiwan on Tuesday, deploying an aircraft carrier battle group and dozens of warplanes in a show of force intended as a "stern warning" against what Beijing calls separatist activities. The exercises-conducted by the People's Liberation Army's Eastern Theater Command-come amid deepening tensions with Taiwan's newly inaugurated President Lai Ching-te and just days after U.S. Defense Secretary Pete Hegseth completed a tour of Asia pledging to counter "China's aggression."
  • China, Japan, South Korea Agree on Joint Response to U.S. Tariffs, Eye New Regional Trade Pact - Report
    Japan, China, South Korea Pledge Cooperation Amid Rising Tensions, Push for Summit
    China, Japan, and South Korea have agreed to form a joint response to U.S. tariffs, according to a post published Monday by Yuyuan Tantian, a social media account affiliated with Chinese state broadcaster CCTV. The move comes just days before U.S. President Donald Trump is expected to announce additional tariffs as part of what he calls "liberation day."
  • Nankai Trough Megaquake Could Kill 298,000, Displace 12.3 Million Japanese, Government Warns
    Japan on High Alert as Scientists Warn of Potential 'Megaquake' Following 7.1 Tremor
    Japan faces a potentially devastating economic blow of up to 270.3 trillion yen ($1.81 trillion) and the loss of nearly 300,000 lives from a long-feared megaquake along the Nankai Trough, according to a revised government assessment released Monday.
  • China’s Xi Pledges Open Markets to Global Executives as Trump Tariffs Loom
    President Xi Jinping
    Chinese President Xi Jinping issued a high-profile appeal to foreign investors on Friday, hosting over 40 top global business executives in Beijing as the country confronts a deepening economic slowdown and rising geopolitical tensions with the United States. The meeting comes just days ahead of an expected new round of sweeping U.S. tariffs set to be announced by President Donald Trump.
  • CK Hutchison Delays $19 Billion Panama Ports Sale to BlackRock Amid China Pushback - Report
    China Launches Security Review of CK Hutchison’s $23 Billion Sale of Panama Canal Ports to BlackRock
    CK Hutchison, the Hong Kong conglomerate controlled by billionaire Li Ka-shing, has delayed signing a multibillion-dollar agreement to sell its Panama Canal port operations to a BlackRock-led consortium, following mounting pressure from Beijing, according to a report published Friday by the South China Morning Post.
  • 7.7 Magnitude Earthquake Strikes Myanmar and Thailand, Topples Buildings and Kills at Least Three
    7.7 Magnitude Earthquake Strikes Myanmar and Thailand, Topples Buildings and Kills at Least Three
    A massive 7.7 magnitude earthquake struck central Myanmar on Friday, shaking buildings across Southeast Asia and causing widespread destruction in both Myanmar and Thailand. The tremor triggered the collapse of a high-rise building under construction in Bangkok, killing at least three people and leaving dozens missing, as rescue operations continue in unstable debris.
  • North Korea Sends 3,000 More Troops to Russia, Expands Military Support Amid Drone Tech Advances
    Putin Vows Support to North Korea Against U.S. Sanctions in Historic Visit
    North Korea has sent an additional 3,000 soldiers to support Russia's war in Ukraine this year, according to an assessment by South Korea's Joint Chiefs of Staff released Thursday. The deployment, which took place in January and February, brings the estimated total of North Korean troops sent to Russia to 11,000 since the war began. About 4,000 of them have been killed or injured, South Korean officials said.
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