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

  • 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.
  • China Slams EU's Updated Tariffs on EV Imports, Vows to Defend Domestic Automakers
    BYD Q1 Earnings
    China has sharply criticized the European Union's recent decision to impose updated tariffs on electric vehicle (EV) imports from China, calling the measures unfair and pledging to take necessary actions to defend its burgeoning EV industry.
  • Walmart Divests $3.74 Billion Stake in JD.com to Sharpen Focus on China Operations
    LARGEST RETAILER
    Walmart has divested its entire stake in Chinese e-commerce giant JD.com, a move signaling the retail behemoth's intensified focus on its own operations in China. The sale, which was revealed in a securities filing on August 20, allows Walmart to refocus its capital and strategic efforts on expanding its presence in the Chinese market, particularly through its Sam's Club warehouse chain.
  • Shein Files Lawsuit Against Temu, Accusing Rival of Widespread Copyright Infringement
    Temu Surpasses Shein in U.S. Market After Just One Year
    Shein has filed a lawsuit against rival Temu, accusing the platform of engaging in widespread counterfeiting, intellectual property theft, and fraudulent practices. The lawsuit, filed on Monday in Washington, D.C., federal court, marks the latest chapter in a contentious rivalry that has already seen both companies trade legal blows over accusations of unethical business practices.
  • Germany Risks China’s Wrath as TSMC Breaks Ground on €10 Billion Chip Plant Amid Global Tech War
    EXPANSION
    Taiwan Semiconductor Manufacturing Co. (TSMC) has officially commenced construction of its first European plant in Dresden, Germany. The €10 billion ($11 billion) project marks a pivotal moment for the continent, which is striving to reduce its dependency on Asian semiconductor imports amid growing geopolitical tensions between the U.S. and China.
  • EU Lowers Tariffs on Chinese-Made Tesla EVs Amid Ongoing Trade Tensions
    EU, China agree to hold summit, Michel says after Xi call
    The European Union (EU) announced a reduction in planned tariffs on electric vehicles imported from China. The decision, which has far-reaching implications for both European and Chinese automakers, comes as the EU continues its investigation into what it describes as "unfair" subsidies provided by Beijing to its EV manufacturers.
  • Beijing Issues Stern Warning to NATO Member Over Potential Taiwan Strait Transit
    DETERIORATING TIES
    China has issued a stern warning to Germany, a NATO member, cautioning against the potential passage of German warships through the sensitive Taiwan Strait. The warning, delivered on Monday, underscores the escalating tensions in the region as Beijing asserts its control over Taiwan, a self-governed island that China considers a breakaway province.
  • U.S. and China Forge Financial Stability Pact Amid Growing Economic Tensions
    China
    The United States and China have taken a significant step towards enhancing global financial stability by signing a new agreement focused on cooperation during periods of financial stress. This landmark agreement, announced by the People's Bank of China (PBOC) on Monday, comes at a time when both countries are navigating complex economic challenges and heightened geopolitical tensions.
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