Can the U.S. finally slow down China’s takeover of aluminum?
It was a complex scheme for a simple crime: With dozens of shell corporations, a gargantuan aluminum stockpile in the central Mexican countryside and several warehouses scattered across Los Angeles and New Jersey ports, the Chinese aluminum firm Zhongwang Holdings successfully avoided U.S. tariffs for at least four years, defrauding the American government out of $1.8 billion.
Liu Zhongtian toasts during the ceremony for Zhongwang Holdings' listing on the Hong Kong Stock Exchange, May 8, 2009
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A weekly curated reading list on China from David Barboza, Pulitzer Prize-winning former Shanghai correspondent for The New York Times.
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Washington’s $370 billion Inflation Reduction Act was seen as a generational opportunity for miners in the U.S. as well as mineral rich trading partners. But almost two years later, the North American mining industry is in crisis and no closer to chipping away at China's dominance. What went wrong?
The academic explains why we need to look beyond the actions of the Chinese government to understand how and why China is shaping countries in the region.
A podcast about how the two nations, once friends, are now foes.
Hear why things are so complicated now. Host Jane Perlez, former New York Times Beijing bureau chief, talks with diplomats, spies, cultural superstars like Yo Yo Ma, and more to understand why the dangers are so high, and why relations went awry.