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

  • U.S. Considers Escorting Philippine Ships Amid South China Sea Tensions
    U.S. Considers Escorting Philippine Ships Amid South China Sea Tensions
    The United States has indicated a willingness to consider escorting Philippine ships in the contested South China Sea, according to Admiral Samuel Paparo, the head of U.S. Indo-Pacific Command. This potential move reflects the increasing tensions between Beijing and Manila, underscoring the volatile dynamics in the disputed waters.
  • PDD Holdings' $55 Billion Market Crash Reveals Strains in China's E-Commerce Sector
    Pinduoduo E-commerce
    Shares of PDD Holdings Inc., the parent company of the popular online retailer Temu, plummeted nearly 29% on Monday, marking the company's most significant one-day decline since its Nasdaq debut. The stock crash wiped out approximately $55 billion of market value, igniting concerns about the broader health of China's economy and its impact on the e-commerce sector.
  • Japan Scrambles Jets as Chinese Reconnaissance Plane Breaches Airspace Over Danjo Islands
    Japan Scrambles Jets as Chinese Reconnaissance Plane Breaches Airspace Over Danjo Islands
    A Chinese military reconnaissance aircraft breached Japanese airspace on Monday, marking the first such incident in recent history. The Chinese Y-9 electronic intelligence plane entered Japanese airspace over the Danjo Islands in the East China Sea, located to the west of Kyushu, Japan's southern island.
  • IBM Shuts Down China R&D Team Amid Rising Geopolitical Tensions, Relocates Jobs to India
    IBM
    International Business Machines Corp. (IBM) has announced the closure of its hardware research and development (R&D) team in China, a move affecting fewer than 1,000 employees. This decision is the latest in a series of strategic withdrawals by U.S. tech companies from China, driven by escalating geopolitical tensions, increased local competition, and a shifting economic landscape.
  • Canada Slaps 100% Tariff on Chinese Electric Vehicles Amid Growing Trade Tensions
    China Canada flags
    Canadian Prime Minister Justin Trudeau announced on Monday that Canada will impose a 100% tariff on Chinese-made electric vehicles (EVs). The move, aimed at protecting Canada's burgeoning EV industry, brings the country in line with similar actions being taken by the United States and the European Union against what they describe as unfairly state-subsidized Chinese imports.
  • Philippines and China Trade Blame After High-Stakes Collision Near Disputed Shoal in South China Sea
    Philippines and China Trade Blame After High-Stakes Collision Near Disputed Shoal in South China Sea
    The Philippines and China again found themselves at odds over a maritime incident near the disputed Sabina Shoal. On Sunday, a Philippine resupply mission for its fishermen turned into a confrontation with Chinese vessels, further straining the fragile relationship between the two nations despite recent efforts to rebuild trust.
  • China Condemns U.S. Sanctions on Firms Over Russia Ties, Promises Retaliation
    China US Trade Talks
    China has sharply criticized the United States after the Biden administration added dozens of Chinese companies to its export control list, accusing them of aiding Russia's military efforts in Ukraine. The move, which targets 42 Chinese entities among a total of 105 firms from various countries, has further strained the already tense relations between the world's two largest economies.
  • Nikki Haley Warns Against Isolationism, Emphasizes U.S. Role in Supporting Allies During Taiwan Visit
    Nikki Haley Warns Against Isolationism, Emphasizes U.S. Role in Supporting Allies During Taiwan Visit
    During a visit to Taiwan, former U.S. Ambassador to the United Nations Nikki Haley, who previously contested against Donald Trump for the Republican presidential nomination, underscored the dangers of isolationism and emphasized the importance of the United States standing by its allies in the face of global threats.
  • Chinese Entities Exploit Cloud Services to Bypass U.S. Tech Export Controls
    Chinese Entities Exploit Cloud Services, Including AWS, to Bypass U.S. Tech Export Controls
    Recent developments have revealed that state-linked Chinese entities are using cloud services provided by Amazon Web Services (AWS) and its competitors to access advanced U.S. technology and artificial intelligence (AI) capabilities, despite stringent export controls imposed by the U.S. government.
  • Chinese Graduate Dies of Starvation in Rented Apartment, Sparking National Outcry Over Youth Struggles
    Chinese Graduate Dies of Starvation in Rented Apartment, Sparking National Outcry Over Youth Struggles
    A recent viral article on Chinese social media has captured widespread attention, revealing the tragic death of a 33-year-old graduate from an unnamed university in Beijing. The woman, who allegedly died of starvation in her rented apartment in Xi'an, has become a poignant symbol of the harsh realities faced by many young people in China's increasingly competitive job market.
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