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

  • South Korea Reinstates Han Duck-soo as Acting President After Impeachment Overturned
    South Korea Reinstates Han Duck-soo as Acting President After Impeachment Overturned
    South Korea's Constitutional Court on Monday overturned the impeachment of Prime Minister Han Duck-soo, reinstating him as acting president and deepening the political uncertainty surrounding President Yoon Suk Yeol's ongoing impeachment case over his controversial declaration of martial law.
  • China Vows to Resist Protectionism, Woos Global CEOs Ahead of U.S. Tariff Review
    China Vows to Resist Protectionism, Woos Global CEOs Ahead of U.S. Tariff Review
    Beijing pledged to expand market access and attract greater foreign investment as top executives from Apple, Pfizer, FedEx and other global firms gathered for the China Development Forum, a high-profile event taking place amid escalating trade tensions with the United States.
  • China's Premier Meets Pro-Trump Senator Daines, U.S. CEOs Amid Looming Tariff Review
    China's Premier Meets Pro-Trump Senator Daines, U.S. CEOs Amid Looming Tariff Review
    U.S. Republican Senator Steve Daines met Chinese Premier Li Qiang in Beijing on Sunday alongside seven senior American executives, as Beijing seeks to ease tensions and avoid additional tariffs ahead of a key trade deal review. The talks marked the first official visit to China by a U.S. politician since former President Donald Trump assumed office in January.
  • Japan, China, South Korea Pledge Cooperation Amid Rising Tensions, Push for Summit
    Japan, China, South Korea Pledge Cooperation Amid Rising Tensions, Push for Summit
    Top diplomats from Japan, China, and South Korea met Saturday in Tokyo to strengthen trilateral cooperation as geopolitical tensions escalate across the region. The foreign ministers agreed to coordinate on economic, demographic, and security challenges while laying groundwork for a leaders' summit later this year.
  • Kim Jong Un Reaffirms Support for Russia as Shoigu Visits, Praises Strategic Partnership
    Kim Jong un
    Russian Security Council Secretary Sergei Shoigu met with North Korean leader Kim Jong Un on Friday, thanking Pyongyang for its ongoing support in Russia's war against Ukraine, according to Russian state media. The visit underscores the deepening military ties between the two countries, as intelligence officials report significant North Korean involvement in Russia's military operations.
  • Canada Condemns China’s Execution of Four Canadians Amid Rising Trade Tensions
    China - Canada
    Canada on Wednesday strongly condemned China's execution of four Canadian citizens convicted on drug trafficking charges, marking a significant escalation in already strained diplomatic relations between the two countries.
  • Tencent Posts $23.9 Billion Q4 Revenue, Boosts AI Investment as Gaming, Ads Thrive
    TENCENT
    Tencent Holdings Ltd. reported a 90% surge in fourth-quarter profit Wednesday, driven by strong gains in its gaming and advertising divisions, alongside a ramp-up in artificial intelligence investments. The Shenzhen-based technology giant announced revenue of 172.4 billion yuan ($23.9 billion) for the three-month period ending December 2024, exceeding analyst expectations of 168.9 billion yuan, according to LSEG data.
  • China Launches Security Review of CK Hutchison’s $23 Billion Sale of Panama Canal Ports to BlackRock
    China Launches Security Review of CK Hutchison’s $23 Billion Sale of Panama Canal Ports to BlackRock
    China has launched a security review of a pending $22.8 billion deal involving Hong Kong-based conglomerate CK Hutchison's sale of key port assets near the Panama Canal to a consortium led by U.S. investment giant BlackRock. The transaction, hailed by President Donald Trump, is drawing sharp scrutiny from Beijing and threatens to further inflame tensions between Washington and China.
  • Hong Kong Property Billionaire Lee Shau Kee Dies at 97
    Hong Kong Property Billionaire Lee Shau Kee Dies at 97
    Hong Kong billionaire property developer Lee Shau Kee, who built one of the largest real estate empires in the territory, died Monday at the age of 97. Henderson Land Development Co. Ltd., the company he founded, announced his passing in a statement, noting that Lee died peacefully with family by his side. No cause of death was provided.
  • China Unveils Special Action Plan to Boost Domestic Consumption Amid Weak Demand
    China Fresh Food E-Commerce
    China's ruling Communist Party unveiled an expansive "Special Action Plan to Boost Consumption" on Sunday, pledging to raise incomes, stabilize financial markets, and stimulate domestic demand as the world's second-largest economy grapples with weak consumer confidence and persistent deflationary pressures.
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