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

  • Netherlands Suspends Nexperia Takeover as China Lifts Export Block and Global Carmakers Brace for Impact
    Nexperia Ownership Fight Escalates as Dutch State Seizes Control and Chinese Unit Defies Orders
    The Dutch government has stepped back from its emergency intervention at chipmaker Nexperia, easing a months-long confrontation with China that disrupted global automotive supply chains and raised questions about Europe's handling of foreign ownership in strategic industries. Dutch Economic Affairs Minister Vincent Karremans said he suspended an order that effectively transferred control of the company to the state, citing "constructive" discussions with Chinese officials and consultations with partners across Europe and beyond.
  • China Suspends Japan Seafood as as Takaichi’s Taiwan Remarks Trigger Retaliation
    China–Japan Tensions Wipe Out Billions in Travel Stocks as Nasdaq, Nikkei Slide
    China's latest warning that there is "no market" for Japanese seafood has deepened an already volatile diplomatic standoff between Beijing and Tokyo, adding economic pressure to a dispute triggered by Japanese Prime Minister Sanae Takaichi's recent comments about Taiwan. The tensions, now among the most serious between the two Asian powers in years, have sent ripples through regional markets, disrupted travel and trade, and sharpened geopolitical anxieties across East Asia.
  • China–Japan Tensions Wipe Out Billions in Travel Stocks as Nasdaq, Nikkei Slide
    China–Japan Tensions Wipe Out Billions in Travel Stocks as Nasdaq, Nikkei Slide
    Nasdaq travel stocks fell sharply this week as rising geopolitical tensions between China and Japan rattled global tourism markets and triggered a broader pullback across travel-related shares. The selloff began after Japanese Prime Minister Sanae Takaichi warned that a military attack by Beijing on Taiwan would constitute a "survival-threatening situation" for Japan-comments that prompted China to issue a travel ban and denounce Tokyo for "seriously damaging bilateral ties and challenging post-war international order."
  • Germany Confronts €87 Billion China Trade Gap as Minister Klingbeil Heads to Beijing for Crisis Talks
    Germany Confronts €87 Billion China Trade Gap as Minister Klingbeil Heads to Beijing for Crisis Talks
    Germany's Finance Minister Lars Klingbeil arrives in Beijing this week under mounting pressure to address a rapidly widening trade imbalance with China, a deficit that reached €87 billion this year-Germany's largest on record. The visit marks the first by a cabinet minister from the new coalition government and comes amid intensifying concern across Berlin that the country's core industries no longer operate on equal footing with their most important trading partner.
  • Typhoon Fung-Wong Batters Taiwan: 8,000 Evacuated, Flights Halted, Power Lines Downed
    ALIGNING WITH CHINA
    Typhoon Fung-Wong battered Taiwan on Wednesday with torrential rain and winds powerful enough to tear down power lines and halt transport across the island, forcing more than 8,000 people to evacuate as authorities warned of floods and landslides.
  • China Rapidly Scales Missile Factories, Heightening Strategic Pressure on Taiwan and the U.S. in Pacific
    Yes, to close ties with U.S.
    China has dramatically expanded its missile production capacity over the past five years, according to a new analysis of satellite imagery conducted by CNN using maps and government records. The findings show widespread growth across factories linked to the country's missile forces, research centers, and bases associated with the People's Liberation Army Rocket Force, raising concerns in Washington that Beijing is accelerating a long-term strategy to deter U.S. military intervention in the Pacific.
  • China Commissions Fujian Carrier, Advancing Naval Power as U.S. Maintains Pacific Edge
    China Commissions Fujian Carrier, Advancing Naval Power as U.S. Maintains Pacific Edge
    China has formally commissioned the Fujian, its most advanced aircraft carrier and the first to be entirely designed and built domestically, marking a significant milestone in Beijing's effort to expand its naval reach in the Pacific. The launch comes as China continues to challenge U.S. influence in contested waters stretching from the South China Sea to the Taiwan Strait.
  • Dutch government signals it could end control of Nexperia if semiconductor shipments resume
    Nexperia Ownership Fight Escalates as Dutch State Seizes Control and Chinese Unit Defies Orders
    The Netherlands is preparing to suspend its temporary control measures over semiconductor maker Nexperia as China resumes exports of key chip components, easing weeks of supply turmoil that disrupted automotive production across Europe. The shift comes after Beijing lifted an export ban that had restricted shipments of Nexperia semiconductors, according to multiple companies and officials involved in the matter.
  • China Sentences Five to Death Over 41 Scam Compounds in Myanmar’s Kokang; Courts Cite ¥29bn in Ill-Gotten Gains
    China and Myanmar Wipe Out Major Telecom Fraud Centers, Repatriate 763 Suspects
    China on Tuesday handed death sentences to five alleged ringleaders of a transnational crime syndicate that operated fraud compounds in Myanmar's lawless Kokang borderlands, state media reported, intensifying a campaign to dismantle sprawling "scam factories" that have victimized millions globally.
  • China Resumes Group Tours to Canada After Xi–Carney Summit, Signaling Diplomatic Thaw
    China Resumes Group Tours to Canada After Xi–Carney Summit, Signaling Diplomatic Thaw
    China has officially restored group travel to Canada, marking a major step toward rebuilding relations between the two countries after years of diplomatic tension and pandemic-era restrictions. The announcement came just days after Chinese President Xi Jinping met with Canadian Prime Minister Mark Carney in South Korea-their first formal encounter since 2017-on the sidelines of the Asia-Pacific Economic Cooperation summit.
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