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

  • 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.
  • Former ByteDance Executive Alleges China Breached Privacy of Hong Kong Activists' TikTok Data
    TIKTOK
    Claims have emerged suggesting that China might have infiltrated the TikTok profiles of Hong Kong activists, accessing personal information, as per allegations in a lawsuit filed by a former ByteDance executive. ByteDance, TikTok's parent company, categorically denies these assertions.
  • Regulatory Directive Lowers Dollar Deposit Rates in Chinese State Banks: A Strategic Move to Bolster the Yuan
    Dollar vs Yuan
    In a move that appears aimed at reinforcing China's currency, the yuan, an autonomous regulatory entity supervised by the People's Bank of China (PBOC) has instructed key state-owned banks to diminish interest rates on dollar deposits, according to insiders with first-hand knowledge of the matter.
  • Apple's Vision Pro AR Headset Shakes Up Market With High-end Price Tag
    Apple's Vision Pro AR Headset Shakes Up Market With High-end Price Tag
    Apple Inc (AAPL.O) broke into the virtual reality landscape on Monday, introducing the Vision Pro, an augmented reality headset that marks the company's most daring venture since the debut of the iPhone.
  • Apple WWDC Preview: Performance Unremarkable, Price Unattractive, Can the Larger Screen MacBook Air Succeed?
    BIG NUMBERS
    At this year's WWDC, mixed reality headsets will undoubtedly be the focus of the Apple Developer Conference, but another hardware product has also aroused attention, which is the long-rumored 15-inch laptop MacBook Air.
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