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China metal tycoon who built two empires faces Xi's new era

Supply-side structural reforms are reshaping basic industries like steel and aluminium and tycoon Zhang has to oblige

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When Hongqiao's workers were ordered to switch off the smelters in August, some of them cried, CEO Zhang Bo said in comments posted on the firm's website in September.

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Mr Zhang surprised almost everyone with a decision to turn Zouping into the world's biggest aluminium complex.

Shanghai

ZHANG Shiping may have won an epic victory against short-sellers, but the self-made billionaire faces a much more formidable player in the battle surrounding the world's biggest aluminium producer: China's President Xi Jinping.

China Hongqiao Group Ltd resumed trading in

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