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

  • Potential Trade War Looms as China Urges EU to Drop EV Tariffs
    Xi Jinping Arrives in France, Praises Ties Amid EU Trade Disputes and Ukraine Concerns
    China is pressing the European Union to abandon its plans to impose preliminary tariffs on Chinese electric vehicle (EV) imports. These tariffs, which could reach up to 38.1%, are slated to take effect by July 4 while the EU conducts an investigation into what it describes as excessive and unfair subsidies provided by Beijing.
  • China Watches Closely as Putin and Kim Strengthen Ties - Report
    Putin and Xi Reaffirm 'No-Limits' Partnership as Russia Launches New Ukraine Offensive
    As Russian President Vladimir Putin and North Korean leader Kim Jong Un solidify a new "alliance," China watches warily from the sidelines. The recent agreement between Russia and North Korea, which includes a wide-ranging treaty covering political, trade, investment, and security cooperation, has raised concerns in Beijing about the implications for regional stability.
  • Mainland Demand Drives Hong Kong Rents Back to Pre-Pandemic Levels
    Kowloon, Hong Kong
    An influx of job seekers from mainland China is driving Hong Kong rental prices higher, bringing them back to their pre-pandemic levels in 2019.
  • Exiled Hong Kongers Find Democratic Voice in UK Elections Amid Continued Fears of Beijing's Influence
    China draws up list of 100 instances of U.S.
    Since 2021, more than 180,000 Hong Kongers have relocated to Britain under a special visa program. This initiative was launched in response to Beijing's crackdown on dissent in Hong Kong, a former British colony handed back to China in 1997. Beijing justified the crackdown as a necessary measure to restore stability after the 2019 protests.
  • U.S. and China Resume Informal Nuclear Talks, Address Taiwan Concerns
    U.S. has reached out to China about cutting oil imports from Iran, officials say
    The United States and China held their first informal nuclear arms talks in five years in March, focusing primarily on concerns related to Taiwan. This semi-official dialogue, known as Track Two talks, included former officials and academics from both countries, who can speak authoritatively on their respective governments' positions.
  • China Accuses EU of Seeking Excessive Data in EV Probe as Trade Tensions Escalate
    EU, China agree to hold summit, Michel says after Xi call
    China's Ministry of Commerce has accused the European Commission of demanding an "unprecedented" amount of information on Chinese automakers' supply chains during its investigation into the country's subsidized electric vehicle (EV) imports.
  • China’s Youth Unemployment Rate Shows Decline
    RISING
    China's urban unemployment rate experienced a notable decline in May, dropping to 5%, according to recent data from the National Bureau of Statistics. This marks a significant improvement from the 5.3% high recorded in February earlier this year. The overall unemployment rate remained unchanged from April's figure, reflecting a stable labor market.
  • U.S. Condemns China's 'Aggressive' Actions in South China Sea After Collision with Philippine Ship
    Philippines
    The United States condemned China on Monday over a collision with a Philippine resupply ship in the disputed South China Sea, highlighting rising tensions in the vital waterway. The incident occurred near Second Thomas Shoal in the Spratly Islands, with both nations blaming each other for the confrontation that led to the serious injury of a Filipino sailor.
  • China's Property Market Continues to Plummet Despite Government Intervention
    CHINA
    China's property market continues to struggle, with the latest data revealing the most significant drop in new home prices in nearly a decade. Despite Beijing's efforts to stabilize the sector, the National Bureau of Statistics (NBS) reported that prices in 70 major cities fell by 0.7% in May from April.
  • Adidas Launches Probe into Allegations of Embezzlement and Kickbacks in China
    ADIDAS
    Adidas has initiated an intensive investigation into allegations of compliance violations within its Chinese operations, a key market for the global sportswear giant. This move follows reports that senior executives in Greater China have been implicated in a scheme involving the embezzlement of millions of euros and acceptance of substantial kickbacks from external agencies.
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