China Zhongwang Holdings Limited (China Zhongwang), the second largest aluminum manufacturer in the world, has declared bankruptcy. In less than 30 years, this $100 billion enterprise, that was raised from scratch, has fallen. On Sept. 20, China Zhongwang, a listed company, started bankruptcy reorganization proceedings. The company announced that day, on the Hong Kong Stock…
World’s Second-Largest Aluminum Manufacturer in China Bankrupt After 30 Years in Business
November 11, 2022
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Aluminum Corporation of Chinaaluminum ingotsChinaChina Business & EconomyChina economic downturnChinese Regime
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