Tag: Aluminum Corporation of China

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

November 11, 2022
Aluminum Corporation of Chinaaluminum ingotsChinaChina Business & EconomyChina economic downturnChinese Regime
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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…

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China’s Minister of Industry and Information Technology Removed as CCP Infighting Intensifies

August 3, 2022
Aluminum Corporation of ChinaChinaChina Business & EconomyChinese RegimeFinance & Business TiesInside CCP Officialdomminister of Industry and Information TechnologySpecial TopicsXiao Yaqing
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The Chinese communist regime’s minister of Industry and Information Technology was suddenly removed from office. Multiple news outlets said that before he was taken away for investigation, he tried to commit suicide, and his sudden removal from post might have something to do with different corruption cases. On July 28, the regime’s Central Commission for…

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