Nov 11, 2022

World’s Second-Largest Aluminum Manufacturer in China Bankrupt After 30 Years in Business

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 ...