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

  • SpaceX Urges Taiwanese Suppliers to Relocate Amid Rising China-Taiwan Tensions
    SPACEX
    Elon Musk's SpaceX is prompting its Taiwan-based suppliers to shift manufacturing operations to alternative countries, citing growing geopolitical concerns tied to tensions between Taiwan and China.
  • Trump's Tariff Ultimatum Could Trigger Major Economic Shock in China
    CHINA-US TIES
    With Donald Trump returning to the White House after a decisive election victory, China's economy is on edge as it braces for what could be one of the most challenging periods in recent history. Trump has vowed to impose a 60% tariff on all Chinese imports-an unprecedented escalation from the 7.5%-25% tariffs during his first presidency. This move, aimed at curbing China's trade influence, threatens to destabilize an economy already grappling with mounting internal challenges.
  • China to Showcase New J-35A Stealth Fighter
    China to Showcase New J-35A Stealth Fighter
    China is poised to reveal its newest stealth fighter, the J-35A, at the Airshow China 2024 in Zhuhai from November 12 to 17. This unveiling marks a significant step in Beijing's push to elevate its military capabilities, especially in aerial warfare, where it seeks to rival the U.S. and its advanced stealth technology.
  • Kim Jong Un Orders ‘All-Out’ Nuclear War Preparations, Accuses South Korea of Endangering Peninsula
    Kim Jong un
    North Korean leader Kim Jong Un has reportedly ordered full-scale war preparations against South Korea, including potential nuclear weapon deployment, according to sources within North Korea. The directive follows weeks of intensifying tension on the Korean Peninsula, with North Korea openly branding South Korea as an "enemy state" and dismantling the last remaining physical connections between the two nations.
  • China and EU Tensions Escalate as EV and Trade Tariff Disputes Intensify
    EU, China agree to hold summit, Michel says after Xi call
    As electric vehicle (EV) competition heats up globally, trade tensions between China and the European Union have escalated. This week, the conflict took a new turn as China filed a complaint with the World Trade Organization (WTO) over Europe's recent imposition of tariffs on Chinese electric cars. Beijing, which contends the tariffs lack a "factual and legal basis," argues they violate WTO rules. The tariffs, approved in October and implemented last week, target Chinese automakers like BYD and impose rates as high as 45.3% on certain vehicles.
  • U.S. Urges China to Intervene as North Korean Troops Join Russia’s War in Ukraine
    China US
    As North Korean troops reportedly amass in Russia to support Moscow's war in Ukraine, the U.S. has called on China to intervene, urging Beijing to leverage its influence over North Korea and Russia to prevent further escalation. In a rare diplomatic outreach, top U.S. officials, including Secretary of State Antony Blinken and Defense Secretary Lloyd Austin, have pressed China to "curb" North Korea's involvement in the Ukraine conflict.
  • EU Citizens Told to Stockpile Essentials Amid Growing Fears of War With Russia
    NO TO RUSSIANS
    A newly released report has urged citizens across the European Union to brace for potential crises, including the possibility of armed conflict, by stockpiling essential items like food, water, and medication.
  • China Urges Automakers to Halt Investment in EU Nations Backing EV Tariffs, Escalating Trade Tensions: Report
    BYD Q1 Earnings
    China has reportedly advised its automakers to pause significant investments in European countries that support the newly imposed European Union (EU) tariffs on Chinese-built electric vehicles (EVs).
  • EU Imposes Tariffs on Chinese EV Imports, Sparking Trade Tensions with Beijing
    EU, China agree to hold summit, Michel says after Xi call
    The European Union is set to impose new duties on electric vehicle (EV) imports from China by Thursday, following failed talks between Brussels and Beijing aimed at resolving a heated trade dispute. The new measures come as Europe faces growing concerns over China's increasing dominance in the EV market, with Chinese manufacturers benefiting from what the EU describes as unfair government subsidies.
  • ByteDance Founder Zhang Yiming Tops China's Rich List as Tech Titans Dominate Wealth Rankings
    Zhang Yiming
    Zhang Yiming, founder of ByteDance, has been named China's richest person for the first time, marking a significant shift in the country's billionaire rankings. According to the 2024 Hurun China Rich List, Zhang's fortune has soared to $49.3 billion, driven by the global success of ByteDance's popular platforms like TikTok and Douyin. This surge in wealth propelled Zhang past previous leader Zhong Shanshan, the bottled water magnate behind Nongfu Spring, whose wealth dropped significantly amid public backlash earlier this year.
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