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

  • Xi Jinping Warns Tariffs Threaten Global Order as China, U.S. Signal Softening Trade Stance
    Trump and Xi
    Chinese President Xi Jinping issued a sharp rebuke of global tariff regimes on Wednesday, warning that trade wars undermine multilateral institutions and the broader world economic order. Xi's remarks, delivered in Beijing during a state visit by Azerbaijan President Ilham Aliyev, come as China deepens international outreach and signals openness to renewed trade talks with the United States.
  • Trump Says China Tariffs Will Be Cut ‘Substantially’ but Not to Zero as Treasury Warns Trade War Is ‘Unsustainable’
    U.S. President Donald Trump and China's President Xi Jinping
    President Donald Trump said Tuesday that tariffs on Chinese goods will "come down substantially, but it won't be zero," signaling a potential shift in the administration's trade stance as pressure mounts from investors and allies. Speaking during a White House news conference, Trump confirmed that the current 145% tariff rate imposed on Chinese imports would be lowered, though he did not offer a specific timeline or final target rate.
  • Beijing Warns Against ‘Unilateral Bullying’ as EU Pushes Back on U.S. Trade Conditions
    Wang Yi
    China has stepped up diplomatic efforts to counter escalating U.S. trade pressure, urging Britain and the European Union to uphold multilateral trade rules and resist "unilateral bullying," even as the European Commission rejected any suggestion it would decouple from Beijing to secure a trade deal with Washington.
  • Lee Hsien Loong’s Wife Shares Post Calling China's Xi a ‘Gang Boss'
    President Xi Jinping
    Chinese President Xi Jinping's diplomatic charm offensive in Southeast Asia is drawing sharp international criticism after Ho Ching, the influential wife of former Singaporean Prime Minister Lee Hsien Loong, publicly shared a commentary comparing Xi's leadership style to that of a mafia boss.
  • China Responds as Yellow Sea Dispute With South Korea Intensifies; US Ally Warns of Retaliation
    China's Steel Rig in Disputed Yellow Sea Waters Sparks South Korean Protest, Possible Retaliation
    A territorial standoff between China and South Korea is intensifying after Beijing installed a large steel structure in the Yellow Sea's Provisional Measures Zone (PMZ), a maritime area where both nations' exclusive economic zones overlap.
  • U.S. Finalizes Tariffs Up to 3,500% on Southeast Asian Solar Panels, First Solar Stock Jumps 7%
    SOLAR POWER
    The U.S. Department of Commerce on Monday finalized sweeping tariffs on solar panels imported from Southeast Asia, with rates climbing as high as 3,500% for some producers, intensifying a trade crackdown that American manufacturers say is aimed at halting China's circumvention of existing import penalties. The decision triggered a pre-market rally in First Solar Inc. shares, which jumped more than 7%.
  • China Imposes Sanctions on U.S. Officials and NGO Leaders in Retaliation for Alleged ‘Egregious’ Hong Kong Actions
    China draws up list of 100 instances of U.S.
    China announced on Monday it will impose sanctions on U.S. lawmakers, officials, and heads of non-governmental organizations over what it described as "egregious behavior" regarding Hong Kong, escalating tensions with Washington amid a broader deterioration in bilateral relations.
  • China Warns of Retaliation Against Countries That Join U.S. Trade Isolation Push
    US China Trade War
    Beijing warned Monday that it would retaliate against any country cooperating with U.S. efforts to isolate China, as tensions between the world's two largest economies intensify. The Chinese Ministry of Commerce, responding to reports that the Trump administration is seeking trade concessions from allies in exchange for tariff exemptions, said, "China firmly opposes any party reaching a deal at the expense of China's interests. If this happens, China will not accept it and will resolutely take reciprocal countermeasures."
  • China Begins Sending Boeing Aircraft Back to U.S.
    Boeing logo
    A Boeing 737 MAX originally destined for China's Xiamen Airlines landed in Seattle over the weekend, as escalating U.S.-China trade tensions threaten to unravel aerospace delivery pipelines. The jet's return signals a deepening disruption in the aviation sector as tit-for-tat tariffs stall aircraft transfers between the two countries.
  • Xi Jinping Wraps Southeast Asia Tour as China Presents Itself as Stable Trade Partner Amid U.S. Tariff Threats
    Politics is the answer
    Chinese President Xi Jinping concluded a three-nation Southeast Asia tour on Friday with a state visit to Cambodia, positioning Beijing as a reliable economic partner in contrast to the uncertainty created by U.S. President Donald Trump's proposed tariff regime.
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