Wednesday, December 28, 2016

Aluminum Billionaire Was Planning an Escape From China

Like all Chinese citizens, Liu Zhongtian, chairman of aluminum behemoth China Zhongwang Holdings, isn’t supposed to move more than $50,000 a year outside of the country. A Dallas lawyer’s correspondence suggests Mr. Liu got around this by stockpiling billions of dollars worth of aluminum in Mexico and Vietnam.

from WSJ.com: US Business http://ift.tt/2hxlOVy
via IFTTT

No comments:

Post a Comment