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-EU Trade Tensions Escalate, Risking Full-Blown Trade War, Warns European Chamber President
    EU, China agree to hold summit, Michel says after Xi call
    The president of the European Chamber in China, Jens Eskelund, has warned that rising protectionism between China and Europe threatens to escalate into a full-scale trade war, likening the situation to a "slow motion train accident." Eskelund's comments come on the heels of German Chancellor Olaf Scholz's three-day tour of China, during which he conveyed European concerns about Beijing's investment policies and pushed for improved market access.
  • China Scrambles Fighter Jets to Monitor US Navy Plane in Taiwan Strait
    Chinese Entities Soon To Be Removed From U.S. Red Flag List In Bid To Improve Ties
    A U.S. Navy P-8A Poseidon maritime patrol and reconnaissance plane flew through the Taiwan Strait on Wednesday, just hours after a rare phone call between U.S. Defense Secretary Lloyd Austin and Chinese Defence Minister Dong Jun.
  • India Delays Paytm's $6 Million Investment Over Chinese Ownership Concerns
    India Delays Paytm's $6 Million Investment Over Chinese Ownership Concerns
    Paytm, one of India's leading digital payment providers, has hit a regulatory roadblock with the Indian government deferring approval for a significant investment into its Paytm Payment Services arm.
  • China Urges Hong Kong to Prioritize National Security for Economic Growth
    Hong Kong and China Flags
    China's top official on Hong Kong affairs, Xia Baolong, has called on the city to "tightly hold" onto the bottom line of national security to safeguard its development. In a speech marking an annual national security day, Xia, the director of Beijing's Hong Kong and Macau Affairs Office, emphasized the importance of maintaining stability to ensure Hong Kong's continued prosperity.
  • Russia and China Reportedly Skirt Sanctions with Copper Disguised as Scrap
    Copper
    Russia and China have been engaging in a deceptive practice by trading newly manufactured copper wire rod disguised as scrap metal, according to investigations and multiple sources familiar with the operations.
  • Hong Kong Advances Spot-Crypto ETFs, Eyes Financial Hub Status
    China
    Hong Kong has taken significant steps towards establishing itself as a global digital-asset hub by conditionally approving the launch of spot Bitcoin and Ether exchange-traded funds (ETFs), setting the stage for what could be a major shift in the cryptocurrency landscape in Asia.
  • China Directs Telecom Giants to Replace Foreign Chips by 2027, Impacting U.S. Chipmakers Intel and AMD
    INTEL
    China has dealt a fresh blow to U.S. chipmakers Intel and Advanced Micro Devices (AMD) by directing the country's largest telecom carriers to phase out foreign chips from their networks by 2027, according to a report by the Wall Street Journal on Friday.
  • China Vanke's Stocks and Bonds Dip Following Downgrade and Executive Probe
    China Vanke
    In a tumultuous week for China Vanke, shares and bonds of the property giant took a hit following a downgrade by S&P and the revelation that a company executive is under investigation. The Shenzhen-listed stock of China's second-largest developer by sales fell 1.8%, hitting its lowest point since May 2014, while its Hong Kong shares also dipped to a record low.
  • Volkswagen Boosts Electric Vehicle Production in China with $2.7 Billion Investment
    Volkswagen
    Volkswagen is set to significantly enhance its footprint in China, announcing a substantial investment of 2.5 billion euros ($2.68 billion) aimed at expanding its production capabilities and innovation hub in Hefei, Anhui Province.
  • Beijing Targets General Atomics, General Dynamics in Response to Taiwan Arms Sales
    China
    China has announced sanctions against two prominent U.S. defense contractors, General Atomics Aeronautical Systems and General Dynamics Land Systems, citing their involvement in arms sales to the self-governing island that Beijing claims as part of its territory.
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