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

  • Trump and Xi Strike Trade Truce in South Korea as U.S. Lowers Tariffs, China Lifts Rare Earth Controls
    Trump and Xi Strike Trade Truce in South Korea as U.S. Lowers Tariffs, China Lifts Rare Earth Controls
    President Donald Trump and Chinese President Xi Jinping announced a limited trade truce Thursday following a high-stakes meeting in Busan, South Korea, marking a rare moment of détente between the world's two largest economies after months of tariff escalations and export restrictions.
  • 330 Koreans Kidnapped in Cambodia: Murder of Student Exposes Expanding Job Scam Network
    330 Koreans Kidnapped in Cambodia: Murder of Student Exposes Expanding Job Scam Network
    The killing of 24-year-old South Korean student Park Min-ho in Cambodia has ignited public anger and exposed the widening reach of criminal networks luring Koreans into online scam operations across Southeast Asia. Park, who traveled to Cambodia in July believing he was attending a career event, was later found dead near Bokor Mountain in Kampot Province on August 8, his body showing signs of violent abuse, according to Cambodian police.
  • China Accuses U.S. of 'Undermining Peace' After Navy Jet and Helicopter Crashes in South China Sea
    China Accuses U.S. of 'Undermining Peace' After Navy Jet and Helicopter Crashes in South China Sea
    Two U.S. Navy aircraft operating from the USS Nimitz crashed separately into the South China Sea on Sunday, sparking sharp criticism from Beijing and renewed scrutiny of U.S. military operations in one of the world's most volatile maritime regions.
  • Inside Trump’s High-Stakes TikTok Deal with China: Busan Summit to Seal Landmark U.S.-China Tech Pact
    Trump Weighs Options to Preserve TikTok Amid Looming Ban
    President Donald Trump is poised to finalize one of the most consequential technology agreements of his presidency - the sale of TikTok's U.S. operations - during a summit this week with Chinese President Xi Jinping in Busan, South Korea. The deal, announced Sunday by Treasury Secretary Scott Bessent, will transfer majority ownership of the video-sharing platform to American investors, marking a rare moment of cooperation amid prolonged U.S.-China tensions.
  • Ahead of Trump-Xi Summit, Beijing Calls for 'Dialogue and Cooperation' While Washington Warns 'Everything Is on the Table'
    US China
    China signaled a willingness to ease tensions with the United States ahead of a long-anticipated meeting between President Donald Trump and Chinese leader Xi Jinping, even as trade negotiators from both sides prepare for difficult discussions this weekend in Malaysia.
  • Nexperia China Defies Dutch Parent, Rejects Executive Dismissal as Power Struggle Deepens
    Nexperia Ownership Fight Escalates as Dutch State Seizes Control and Chinese Unit Defies Orders
    A deepening power struggle inside Dutch chipmaker Nexperia has erupted into open defiance, as its Chinese subsidiary publicly rejected a directive from headquarters to dismiss a senior executive and resumed chip sales in defiance of Dutch oversight. The rare public split underscores growing tensions between The Hague and Beijing over control of critical semiconductor supply chains.
  • China Unveils Five-Year Economic Roadmap Prioritizing Tech Self-Reliance and Manufacturing Over Consumer Demand
    Chinese flag
    China's top leadership has reaffirmed its commitment to strengthening domestic manufacturing and technological self-reliance over the next five years, signaling that the world's second-largest economy will continue prioritizing state-led industrial expansion even as it grapples with weak domestic demand and mounting tensions with the United States.
  • China Condemns Trump’s Russia Oil Sanctions as “Unilateral,” Warns Against Pressure Tactics on Ukraine
    US China Relations
    China denounced new U.S. sanctions against Russia's two largest oil producers, Rosneft and Lukoil, calling them illegal and counterproductive, as Washington intensified efforts to choke off Moscow's energy revenues and force an end to the war in Ukraine.
  • North Korea Fires Multiple Missiles Ahead of Trump’s Asia Trip
    VIRUS IN THE NORTH
    North Korea fired multiple short-range ballistic missiles early Wednesday from an area near Pyongyang, South Korea's military said, just a week before President Donald Trump is set to arrive in the country for the Asia-Pacific Economic Cooperation summit. The launches mark Pyongyang's first missile test since May and come amid speculation that Trump could attempt to revive talks with Kim Jong Un during his visit.
  • Dutch Minister Engages Beijing as Nexperia Power Struggle Deepens Between The Hague and China
    Nexperia Ownership Fight Escalates as Dutch State Seizes Control and Chinese Unit Defies Orders
    The Netherlands and China are locked in an escalating dispute over semiconductor firm Nexperia BV, after The Hague seized control of the Chinese-owned company last month, prompting Beijing to impose export restrictions. Dutch Economy Minister Vincent Karremans said he spoke with China's Minister of Commerce Wang Wentao on Tuesday to discuss "further steps toward reaching a solution" that could serve both economies' interests.
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