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

  • American Pastor David Lin Freed After 18 Years in Chinese Prison
    U.S.-China Relations
    David Lin, a Chinese-American pastor who had been imprisoned in China for nearly two decades, was released this past Sunday. The 68-year-old pastor's release comes as a significant relief to his family and the U.S. government, which had long maintained that his detention was unjust. Lin had been detained in 2006 after attempting to establish a Christian training center in Beijing, a move that quickly drew the ire of the Chinese Communist Party.
  • China’s Economic Struggles Deepen: New Data Highlights Weakness Across Key Sectors
    China will deepen reforms of loan prime lending rate - central bank official
    China's economy is facing increasing challenges as a wave of disappointing data has prompted analysts to lower their expectations for the country's full-year GDP growth. The latest reports indicate a concerning trend, with key economic indicators, including industrial production, retail sales, and urban investment, all showing weaker-than-expected performance in August. As a result, concerns are mounting that China may not meet its growth targets for the year.
  • Shanghai Paralyzed by Typhoon 'Bebinca,' Most Powerful Storm in Over 70 Years
    Shanghai Paralyzed by Typhoon 'Bebinca,' Most Powerful Storm in Over 70 Years
    Shanghai, China's bustling financial hub, was brought to an unprecedented standstill on Monday as Typhoon Bebinca, the strongest storm to directly hit the city in over seven decades, made landfall. The Category 1 typhoon, which struck early in the morning, unleashed destructive winds and torrential rains, causing widespread disruption and forcing the evacuation of hundreds of thousands of residents.
  • Philippine Coast Guard Withdraws From Sabina Shoal Amid Rising Tensions With China
    Philippine Coast Guard Withdraws From Sabina Shoal Amid Rising Tensions With China
    The Philippine Coast Guard vessel BRP Teresa Magbanua has withdrawn from its position at Sabina Shoal after a tense five-month deployment. The withdrawal, confirmed by the National Maritime Council on Sunday, comes amid heightened tensions with China, which continues to assert its expansive claims over the strategic waterway despite international rulings against its stance.
  • Shein and Temu Face Price Hikes as Biden Administration Moves to Close Trade Loopholes
    Shein and Temu Face Price Hikes as Biden Administration Moves to Close Trade Loopholes
    The Biden administration has announced plans to tighten trade regulations that have allowed Chinese-linked online retailers Shein and Temu to dominate the U.S. market with rock-bottom prices.
  • Germany Sends Strong Message to China with First Warship Passage Through Taiwan Strait in Decades
    ALIGNING WITH CHINA
    Germany has sailed two warships through the Taiwan Strait for the first time in over two decades, signaling a clear stance on international navigation rights in a region fraught with tension. The frigate Baden-Württemberg and the support ship Frankfurt am Main transited the strategically sensitive waters on Friday, demonstrating Berlin's resolve to support Western allies amid escalating tensions between Taipei and Beijing.
  • U.S. Imposes 100% Tariffs on Chinese Electric Vehicles Starting Sept. 27
    China US Trade Talks
    The Biden administration on Friday confirmed substantial tariff increases on a range of Chinese imports, including a 100% duty on electric vehicles (EVs), in a strategic move to bolster domestic industries against China's state-supported production surge. The U.S. Trade Representative (USTR) announced that many of these tariffs will take effect on September 27, marking a significant escalation in trade tensions between the world's two largest economies.
  • China Suspends PwC for Six Months, Levies Record Fine Over Evergrande Audit Failures
    China Suspends PwC for Six Months, Levies Record Fine Over Evergrande Audit Failures
    Chinese regulators have imposed a six-month business suspension on PricewaterhouseCoopers' (PwC) mainland China unit and levied a record fine of 441 million yuan ($62 million) over the firm's audit of the troubled property developer China Evergrande Group. The penalties mark the toughest action taken against a Big Four accounting firm in China to date.
  • China’s Retirement Age Set to Increase Amid Demographic Challenges
    China
    China will begin raising the retirement age for workers starting next year, aiming at addressing its aging population and shrinking workforce. The new policy, which was approved by the Standing Committee of the National People's Congress, marks the first adjustment to the retirement age since the 1950s.
  • Beijing Vows Retaliation as U.S. House Passes Bill Targeting Hong Kong’s Autonomy
    China US
    The U.S. House of Representatives has passed a bipartisan bill that could lead to the closure of Hong Kong's trade offices in the United States, escalating tensions between Washington and Beijing. The legislation, known as the Hong Kong Economic and Trade Office Certification (HKETO) Act, was approved with overwhelming support on Tuesday, sparking strong condemnation from both the Hong Kong government and Beijing.
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