China is facing a spiralling debt crisis and a period of deflation which could very well end their 45 years of economic development and reform. And there isn’t a simple reason why this is happening, but rather a compounding of policy decisions, unexpected spread of disease, sector euphoria, lies and mistakes. This video includes a … Read more
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China Zhongwang Holdings Limited is known as the “King of Aluminum in Asia.” On October 15th, China Zhongwang suddenly announced its subsidiaries “had suffered significant losses and operational difficulties. Despite efforts from various parties, they are unable to solve the current problems on their own.” The two subsidiaries mentioned are the primary companies of the … Read more