China's Aluminum Giant Zhongwang Enters Bankruptcy

China

GALWAY, IRELAND--November 8, 2022--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The second largest aluminum extrusion company in the world, China Zhongwang, has filed for bankruptcy in China with massive debts estimated at US$64 billion.

Within this article: Details collapse of China Zhongwang, scale of debts, business practices, recent DOJ rulings

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