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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

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.

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


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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