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 Evergrande's Flagship Unit Accused of Inflating Revenue by $78 Billion, Founder Hui Ka Yan Banned for Life
    HSBC, StanChart may face secondary shockwaves from Evergrande crisis - analysts
    China Evergrande Group founder Hui Ka Yan has been barred from the securities market for life and fined 47 million yuan ($6.53 million) after the China Securities Regulatory Commission (CSRC) accused the group's flagship unit, Hengda Real Estate, of inflating results, engaging in securities fraud, and failing to make timely disclosures.
  • Hong Kong Court Sentences 12 for 2019 Legislature Storming Amid Pro-Democracy Protests
    Hong Kong
    A local court has handed down prison sentences to 12 individuals involved in the 2019 storming of the city's legislative council.
  • United Airlines Boeing 737 Loses External Panel Mid-Flight, Lands Safely in Medford, Oregon
    UNITED AIR
    A United Airlines Boeing 737-800 lost an external panel mid-flight on Friday, the latest in a series of incidents involving Boeing aircraft. The plane, carrying 139 passengers and 6 crew members, landed safely at its intended destination, Rogue Valley International-Medford Airport, about 70 minutes after departing from San Francisco International Airport.
  • House Passes Bill Paving Way for TikTok Ban, Fight Shifts to Senate Amid Uncertain Future
    NOT SO FAST
    In a resounding 352-65 vote, the House of Representatives approved a bill on Wednesday that could effectively ban the popular social video app TikTok in the United States unless its Chinese parent company, ByteDance, divests the platform.
  • Country Garden Faces Financial Strain, Misses Bond Coupon Payment Amid China's Housing Slump
    CHINA REAL ESTATE
    Country Garden Holdings Co., a significant player in China's real estate industry, is grappling with severe financial difficulties, underscored by its failure to fulfill a coupon payment on a yuan-denominated bond.
  • China Warns US TikTok Ban Would Be 'Act of Bullying' and Backfire on America
    Tiktok
    China has described a potential TikTok ban in the United States as "an act of bullying" that would ultimately backfire on America, just hours before the House of Representatives is set to vote on legislation that would force the popular short video app's Chinese owner ByteDance to sell the company or face being barred in the US.
  • U.S. Intelligence Warns of Potential Chinese Influence Through TikTok in 2024 Elections
    NOT SO FAST
    During a recent House of Representatives intelligence committee hearing, U.S. Director of National Intelligence Avril Haines addressed the growing concerns surrounding TikTok, the popular social media app owned by Chinese company ByteDance.
  • TikTok Fires Back at House China Committee, Defends User Engagement in Anti-Ban Campaign
    TikTok
    TikTok has issued a forceful response to a letter from the House China Select Committee, defending its right to engage users in advocating against a fast-moving House bill that could lead to a ban of the Chinese-owned app in the United States.
  • China Slams US Trade Controls, Demands UN Membership for Palestine
    Wang Yi
    China's top diplomat, Foreign Minister Wang Yi, has lashed out at the United States for its "bewildering" trade policy and accused Washington of "devising various tactics to suppress China" during a news conference on the sidelines of a political gathering in Beijing. Wang's comments come as China champions high-tech development in the face of mounting curbs from the US.
  • China's Leaders Map Policy Course Toward Challenging Ambitious 5% Growth Goal
    China Ministry of Public Security
    China set an economic growth target of around 5% for this year and mapped out a policy course aimed at fortifying its military capabilities, developing advanced technology, and buoying consumer spending in a bid to hit that ambitious goal.
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