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

  • Is Baidu set to soar on the tailwinds of AI?
    BAIDU AI
    On Tuesday, Morgan Stanley identified Baidu as China's "best" AI company, asserting that Baidu is poised to benefit the most from AI tools aiding China's $7.4 trillion consumer market in transitioning from offline to online.
  • A New Era for Alibaba: Daniel Zhang Bows Out as CEO to Spearhead Cloud Division; Eddie Wu Steps In
    REVENUE MISS
    In an unexpected corporate reshuffle, Alibaba Group (9988.HK) announced on Tuesday that CEO and Chairman Daniel Zhang will relinquish his roles to concentrate on the firm's cloud business as it moves forward with a plan to break into six independent business units.
  • India Tries To 'Snatch' China's Mobile Phone Supply Chain: The Darkest Hour for Chinese Smartphone Companies in India?
    Xiaomi India
    Indian government's aggressive measures to take control of the mobile phone supply chain from China are putting Chinese smartphone manufacturers, including Xiaomi, OPPO, and Vivo, under increasing pressure in the country.
  • Apple's Vision Pro Suppliers Revealed: Seven Mainland Chinese Companies Including Luxshare Precision on the List
    Apple's Vision Pro AR Headset Shakes Up Market With High-end Price Tag
    Despite the global trend of supply chain restructuring and the partial shift of production lines for basic products such as the iPhone to South Asia and Southeast Asia, Apple's cutting-edge mixed reality (MR) product, Vision Pro, will still primarily be manufactured by suppliers from mainland China and Taiwan.
  • The AI Era: Which Industries Will Face the Greatest Disruption?
    DEAL
    The "AI era" is here and for the first time "Artificial Intelligence" has been listed as a reason for corporate layoffs. Perhaps, the layoff wave ignited by AI is just beginning. Consulting firm McKinsey released a research report titled "The Economic Potential of Generative Artificial Intelligence." Analysts examined 850 jobs across 47 countries and regions (covering more than 80% of the global workforce) to understand the impact AI's exponential growth will have on the global economy.
  • A Veiled Takeover? India Poses New Terms to Chinese Mobile Makers, Including Indian Nationals as CEO
    Xiaomi Revenue Surges 64%, Prepares Autonomous Driving Expansion
    Reports from Indian media suggest that the Indian government has proposed new requirements for Chinese smartphone manufacturers operating in India, demanding key executive roles like CEO, CFO, COO, and CTO be filled by Indian nationals.
  • Chinese Solar Executives Investigated in Europe: Residual Trade Dispute or Something More?
    First Solar Industry Ecosytem Bank In Asia To Power Renewable Energy
    According to insiders, the companies in question reportedly include China National Building Materials Group Corporation, Runda Solar, and GCL-Poly. Domestic major component companies appear to be uninvolved in this incident, and the exhibition's proceedings remain unaffected.
  • China's May CPI rebounds to 0.2%, PPI fall expands to 4.6%
    CHINA MARKET
    In May, China's year-on-year CPI growth rate slightly rebounded, and the year-on-year decline in PPI expanded for the fifth consecutive month.
  • Top 5 Domestic AI Startups, Who Is China's Open AI?
    Italy Bans ChatGPT Amid Privacy Concerns and Investigations
    There are also a multitude of startups with impressive backgrounds emerging. For instance, Tsinghua Professor Tang Jie's ZhiPu AI, Professor Huang Minlie's Lingxin Intelligence, Yang Zhilin's Loop Intelligence... all have been given industry-disrupting hopes by leading venture capitalists, and the startup train is accelerating once again.
  • Heavy Rainfall in China Threatens Wheat Harvest, Possible Blow to Global Grain Market
    National Development and Reform Commission (NDRC) Says China Still Into US Crops
    A farmer known only as Chen in Henan province, China, stands amidst rows of wheat damaged by weeks of relentless rain, with the oversaturated crops requiring days to dry before harvesting can begin.
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