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 Delineates Baselines for Scarborough Shoal, Heightening South China Sea Tensions with Philippines
    China Delineates Baselines for Scarborough Shoal, Heightening South China Sea Tensions with Philippines
    China's decision to formally delineate baselines around Scarborough Shoal, a contested feature in the South China Sea, has heightened tensions with the Philippines over territorial claims in the region. The announcement, published online by China's Foreign Ministry, outlines geographic coordinates for the shoal and could intensify a longstanding dispute over a crucial area that both nations claim.
  • China Unveils J-35A Stealth Fighter Amid Speculation Over Capabilities and Production Plans
    China to Showcase New J-35A Stealth Fighter
    China's new J-35A stealth fighter took center stage at the Zhuhai International Aviation & Aerospace Exhibition, offering a rare glimpse of the latest addition to the People's Liberation Army Air Force's (PLAAF) arsenal.
  • Trump 2.0 Boosts Asian Stocks: South Korean Shipbuilders, Indian Electronics, Australian Steel, and Vietnam Industrial Parks Among the Winners
    Donald Trump's Speech Slip-Up at Bronx Rally Sparks Concerns About Cognitive Health
    Since Donald Trump's election win, a variety of Asian companies have seen significant stock price surges, including shipbuilders in South Korea, electronics manufacturers in India, steel suppliers in Australia, and industrial parks in Vietnam.
  • China's Inflation Slows in October Amid Struggling Economic Recovery and New Debt Relief Package
    China
    China's consumer price growth decelerated in October, reflecting ongoing challenges in bolstering demand in the world's second-largest economy, even as Beijing intensified efforts to stimulate economic activity. Official data from the National Bureau of Statistics (NBS) revealed that China's consumer price index (CPI) edged up by 0.3% year-on-year in October, down from 0.4% in September. The figure missed economists' expectations of a 0.4% rise, highlighting sluggish domestic demand despite government measures to stabilize the economy.
  • China Unveils $1.4 Trillion Debt Plan to Rescue Local Governments and Boost Economy
    Yuan
    China has approved a sweeping $1.4 trillion stimulus package to help local governments manage their mounting hidden debt and revitalize the country's sluggish economy. Finance Minister Lan Fo'an announced on Friday that the initiative would allocate 10 trillion yuan over five years to ease fiscal pressures on regional administrations and prevent a potentially destabilizing debt crisis.
  • China’s $840 Billion Debt Refinancing Plan Targets Economic Growth, Risks Persist
    China will deepen reforms of loan prime lending rate - central bank official
    China has approved an ambitious 6 trillion yuan ($839 billion) plan aimed at refinancing local government debt over the next three years, marking a significant effort to stabilize and stimulate the world's second-largest economy. The move comes as the nation grapples with slowing growth, mounting debt, and economic pressures exacerbated by a weakening real estate market and the aftermath of strict pandemic restrictions.
  • China Braces for Renewed Tensions with Trump as Xi Calls for Stability in U.S.-China Relations
    Column: Markets dust off Trump trade war playbook
    Chinese President Xi Jinping extended a cautious congratulatory message to Donald Trump on his presidential victory, signaling hopes for stable bilateral relations but preparing for renewed tensions. Trump's return to the White House, marked by promises of aggressive trade measures and confrontational rhetoric, could revive some of the most contentious elements of his previous term, threatening China's fragile economy.
  • SpaceX Urges Taiwanese Suppliers to Relocate Amid Rising China-Taiwan Tensions
    SPACEX
    Elon Musk's SpaceX is prompting its Taiwan-based suppliers to shift manufacturing operations to alternative countries, citing growing geopolitical concerns tied to tensions between Taiwan and China.
  • Trump's Tariff Ultimatum Could Trigger Major Economic Shock in China
    CHINA-US TIES
    With Donald Trump returning to the White House after a decisive election victory, China's economy is on edge as it braces for what could be one of the most challenging periods in recent history. Trump has vowed to impose a 60% tariff on all Chinese imports-an unprecedented escalation from the 7.5%-25% tariffs during his first presidency. This move, aimed at curbing China's trade influence, threatens to destabilize an economy already grappling with mounting internal challenges.
  • China to Showcase New J-35A Stealth Fighter
    China to Showcase New J-35A Stealth Fighter
    China is poised to reveal its newest stealth fighter, the J-35A, at the Airshow China 2024 in Zhuhai from November 12 to 17. This unveiling marks a significant step in Beijing's push to elevate its military capabilities, especially in aerial warfare, where it seeks to rival the U.S. and its advanced stealth technology.
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