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

  • Japan on High Alert as Scientists Warn of Potential 'Megaquake' Following 7.1 Tremor
    Japan on High Alert as Scientists Warn of Potential 'Megaquake' Following 7.1 Tremor
    Japan's Prime Minister, Fumio Kishida, has canceled a planned diplomatic trip to Central Asia as the country grapples with the looming threat of a potential "megaquake." This unprecedented move follows the Japan Meteorological Agency's issuance of its first-ever "megaquake advisory" after a magnitude 7.1 earthquake struck off the eastern coast of Kyushu island on Thursday, raising alarms about the possible activation of the Nankai Trough, a notorious seismic hotspot.
  • Over Half of New Car Sales in China Now Electric or Hybrid, Outpacing Global Competitors
    Xiaomi Unveils SU7 in Bold Entry into Electric Vehicle Market
    More than half of all new cars sold in China last month were either electric vehicles (EVs) or plug-in hybrid electric vehicles (PHEVs). This represents a significant milestone for the world's largest car market, underscoring the rapid shift towards new energy vehicles (NEVs) and highlighting China's aggressive push to dominate the global EV landscape.
  • U.S. and Global Anti-Doping Agencies Clash Over Undercover Tactics
    U.S. and Global Anti-Doping Agencies Clash Over Undercover Tactics
    the U.S. and global anti-doping agencies are at odds over controversial tactics employed by the U.S. Anti-Doping Agency (USADA) to combat drug use in sports.
  • Japan Issues First 'Megaquake' Warning Following 7.1-Magnitude Earthquake
    Japan Issues First 'Megaquake' Warning Following 7.1-Magnitude Earthquake
    Japan issued its first-ever warning about the potential for a "megaquake" after a powerful 7.1-magnitude earthquake struck off its southern coast on Thursday. The temblor, which hit the coast of Miyazaki Prefecture on the main island of Kyushu at 4:42 p.m. local time, triggered a tsunami advisory and sparked immediate emergency responses across the region.
  • Global Consumer Giants Seek Growth in China, Sports Brands Shine
    VIRTUAL SHOES
    China has become a battleground for global consumer giants, with mixed results in their Q2 earnings reports, highlighting the remarkable performance of sports brands.
  • Evergrande Seeks to Recover $6 Billion from Founder and Former Executives
    China Evergrande
    China Evergrande Group has announced that its liquidators are seeking to recover approximately $6 billion from seven defendants, including the company's founder Hui Ka Yan and several former top executives. This move comes amidst Evergrande's ongoing efforts to navigate one of the largest liquidation cases in China's history, stemming from its massive $300 billion in liabilities.
  • Taiwan Stock Market Plummets 8.4% Amid Tech Sector Concerns
    ALIGNING WITH CHINA
    The Taiwan stock market experienced its worst one-day decline in history on Monday, plunging 8.4% as fears over the U.S. economy and the broader tech sector sparked a massive sell-off. The Taiex, Taiwan's weighted index, shed 1,807.21 points to close at 19,830.88, marking its lowest level since April 23. This dramatic fall was led by a significant drop in technology stocks, particularly Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker.
  • Apple Presses Tencent and ByteDance to Close Payment Loopholes Amid Global Scrutiny
    U.S. House Members Introduce Bill Targeting Apple And Google App Stores
    Apple Inc. (NASDAQ: AAPL) is intensifying its efforts to enforce its App Store commission policies on major Chinese tech companies Tencent Holdings Ltd. (OTCPK: TCEHY) and ByteDance Ltd. (BDNCE). The tech giant has reportedly pressured both companies to close loopholes in their popular apps that allow users to bypass Apple's 30% commission on in-app purchases.
  • Typhoon Gaemi Devastates Central China, Leaving 30 Dead and 35 Missing
    Typhoon Gaemi Batters China After Devastating Taiwan and the Philippines
    The remnants of Typhoon Gaemi have left a trail of destruction in central China's Hunan Province, with the city of Zixing bearing the brunt of the catastrophe. As of Thursday noon, local authorities confirmed that 30 people have died and 35 others remain missing in the wake of typhoon-induced intense rains that lashed the region.
  • U.S. Navy's Advanced Submarine to Strengthen Pacific Presence Amid Rising Tensions with China
    USS Georgia and USS Port Royal
    In a strategic move to counter China's growing naval capabilities, the United States is set to enhance its submarine force at a key military hub in the Western Pacific. The Virginia-class submarine USS Minnesota will be relocated from Hawaii to Guam at the beginning of the new fiscal year on October 1, as confirmed by Lt. Cmdr. Rick Moore, spokesperson for the U.S. Pacific Fleet commander's principal adviser on submarine affairs.
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