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

  • Philippines and Vietnam Forge Closer Ties with First Joint Coast Guard Drills Amid South China Sea Tensions
    Philippines and Vietnam Forge Closer Ties with First Joint Coast Guard Drills Amid South China Sea Tensions
    In a significant display of maritime collaboration, the coast guards of the Philippines and Vietnam conducted their first-ever joint exercises in Manila Bay on Friday, marking a new chapter in the two nations' efforts to bolster regional security and cooperation. The exercises, which included firefighting, search and rescue operations, and medical response simulations, come at a time of heightened tensions in the South China Sea, a region where both countries have long-standing territorial disputes with China.
  • U.S. Expands Ban on Chinese Imports Over Alleged Uyghur Forced Labor, Escalating Trade Tension
    VIRUS CASES UP
    The United States has intensified its efforts to eliminate goods made with forced labor from its supply chain by imposing a ban on imports from five additional Chinese companies. The latest action, announced on Thursday, adds to an expanding list of entities that the U.S. government alleges are complicit in human rights abuses against Uyghur Muslims and other minority groups in China's Xinjiang region.
  • Japan on High Alert as Scientists Warn of Potential 'Megaquake' Following 7.1 Tremor
    Japan on High Alert as Scientists Warn of Potential 'Megaquake' Following 7.1 Tremor
    Japan's Prime Minister, Fumio Kishida, has canceled a planned diplomatic trip to Central Asia as the country grapples with the looming threat of a potential "megaquake." This unprecedented move follows the Japan Meteorological Agency's issuance of its first-ever "megaquake advisory" after a magnitude 7.1 earthquake struck off the eastern coast of Kyushu island on Thursday, raising alarms about the possible activation of the Nankai Trough, a notorious seismic hotspot.
  • Over Half of New Car Sales in China Now Electric or Hybrid, Outpacing Global Competitors
    Xiaomi Unveils SU7 in Bold Entry into Electric Vehicle Market
    More than half of all new cars sold in China last month were either electric vehicles (EVs) or plug-in hybrid electric vehicles (PHEVs). This represents a significant milestone for the world's largest car market, underscoring the rapid shift towards new energy vehicles (NEVs) and highlighting China's aggressive push to dominate the global EV landscape.
  • U.S. and Global Anti-Doping Agencies Clash Over Undercover Tactics
    U.S. and Global Anti-Doping Agencies Clash Over Undercover Tactics
    the U.S. and global anti-doping agencies are at odds over controversial tactics employed by the U.S. Anti-Doping Agency (USADA) to combat drug use in sports.
  • Japan Issues First 'Megaquake' Warning Following 7.1-Magnitude Earthquake
    Japan Issues First 'Megaquake' Warning Following 7.1-Magnitude Earthquake
    Japan issued its first-ever warning about the potential for a "megaquake" after a powerful 7.1-magnitude earthquake struck off its southern coast on Thursday. The temblor, which hit the coast of Miyazaki Prefecture on the main island of Kyushu at 4:42 p.m. local time, triggered a tsunami advisory and sparked immediate emergency responses across the region.
  • Global Consumer Giants Seek Growth in China, Sports Brands Shine
    VIRTUAL SHOES
    China has become a battleground for global consumer giants, with mixed results in their Q2 earnings reports, highlighting the remarkable performance of sports brands.
  • Evergrande Seeks to Recover $6 Billion from Founder and Former Executives
    China Evergrande
    China Evergrande Group has announced that its liquidators are seeking to recover approximately $6 billion from seven defendants, including the company's founder Hui Ka Yan and several former top executives. This move comes amidst Evergrande's ongoing efforts to navigate one of the largest liquidation cases in China's history, stemming from its massive $300 billion in liabilities.
  • Taiwan Stock Market Plummets 8.4% Amid Tech Sector Concerns
    ALIGNING WITH CHINA
    The Taiwan stock market experienced its worst one-day decline in history on Monday, plunging 8.4% as fears over the U.S. economy and the broader tech sector sparked a massive sell-off. The Taiex, Taiwan's weighted index, shed 1,807.21 points to close at 19,830.88, marking its lowest level since April 23. This dramatic fall was led by a significant drop in technology stocks, particularly Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker.
  • Apple Presses Tencent and ByteDance to Close Payment Loopholes Amid Global Scrutiny
    U.S. House Members Introduce Bill Targeting Apple And Google App Stores
    Apple Inc. (NASDAQ: AAPL) is intensifying its efforts to enforce its App Store commission policies on major Chinese tech companies Tencent Holdings Ltd. (OTCPK: TCEHY) and ByteDance Ltd. (BDNCE). The tech giant has reportedly pressured both companies to close loopholes in their popular apps that allow users to bypass Apple's 30% commission on in-app purchases.
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