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

  • BMW Seeks Tariff Reduction on China-Made Electric Mini Amid EU-China Trade Tensions
    BMW Innovation Base Shanghai
    In a bid to mitigate the impact of new European tariffs on Chinese-made electric vehicles (EVs), BMW has approached Brussels to negotiate lower import duties for its China-manufactured electric Mini, according to a source familiar with the situation. The request aims to reduce the current provisional duty from 37.6% to 20.8%, aligning with rates for companies that cooperated with the EU's investigation.
  • China Ramps Up Pressure on EU with Brandy Investigation as EV Tariffs Kick In
    VOLVO
    China intensified its trade dispute with the European Union (EU) on Friday by announcing a hearing into European brandy imports, just as the EU's provisional tariffs on Chinese-made electric vehicles (EVs) came into effect. This development marks another chapter in the escalating tensions between the two economic giants, each grappling with the other's trade policies and protectionist measures.
  • Xi Jinping Urges Unity Against 'External Interference' as SCO Expands
    Xi and Putin
    At a critical juncture for global geopolitics, Chinese President Xi Jinping and Russian President Vladimir Putin are intensifying their push for greater regional cooperation and security within the framework of the Shanghai Cooperation Organization (SCO).
  • EU Imposes Tariffs on Chinese EVs Amid Growing Trade Dispute
    BYD Q1 Earnings
    In a significant move that underscores the escalating trade tensions between China and the European Union, the EU has decided to impose sharply higher customs duties on electric vehicles (EVs) imported from China.
  • China’s Manufacturing Slump and Service Sector Deceleration Fuel Calls for Stimulus
    RISING
    China's economic struggles continue as manufacturing activity contracted for the second consecutive month in June, while the services sector slowed to a five-month low, according to official surveys released on Sunday. These figures have intensified calls for additional government stimulus to support the economy.
  • Xi Jinping Challenges US Dominance Calls for Global South to Lead in World Affairs
    Low Carbon Development Forum
    Chinese President Xi Jinping emphasized the need for global cooperation amid escalating economic and diplomatic tensions. Speaking at a conference commemorating China's guiding principles for foreign affairs, Xi highlighted the importance of building "bridges" rather than walls, especially as Beijing grapples with disputes with several trading partners and neighboring countries.
  • China Expels Two Former Defense Ministers in Sweeping Military Corruption Purge
    China's Leadership Enigma: Defence Minister Li Shangfu's Disappearance Sparks International Speculation
    China's Communist Party has expelled former Defense Ministers Li Shangfu and Wei Fenghe for "serious violations of discipline," a term often used as a euphemism for corruption.
  • China's Chang'e-6 Returns with Historic Samples from Moon's Far Side
    China's Chang'e-6 Returns with Historic Samples from Moon's Far Side
    China's Chang'e-6 probe has successfully returned to Earth carrying samples from the Moon's far side, concluding a technically challenging 53-day mission. This marks the first time in history that material has been collected from this less-explored region of the Moon, potentially offering new insights into its formation and geological history.
  • Potential Trade War Looms as China Urges EU to Drop EV Tariffs
    Xi Jinping Arrives in France, Praises Ties Amid EU Trade Disputes and Ukraine Concerns
    China is pressing the European Union to abandon its plans to impose preliminary tariffs on Chinese electric vehicle (EV) imports. These tariffs, which could reach up to 38.1%, are slated to take effect by July 4 while the EU conducts an investigation into what it describes as excessive and unfair subsidies provided by Beijing.
  • China Watches Closely as Putin and Kim Strengthen Ties - Report
    Putin and Xi Reaffirm 'No-Limits' Partnership as Russia Launches New Ukraine Offensive
    As Russian President Vladimir Putin and North Korean leader Kim Jong Un solidify a new "alliance," China watches warily from the sidelines. The recent agreement between Russia and North Korea, which includes a wide-ranging treaty covering political, trade, investment, and security cooperation, has raised concerns in Beijing about the implications for regional stability.
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