China Zhongwang controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2022
US companies tied to founder fined US$1.83 billion for evading aluminum tariffs
In 2022, a US court imposed combined penalties of US$1.83 billion on six Southern California companies linked to Liu Zhongtian, founder of China Zhongwang, over a tariff-evasion scheme. China Zhongwang had denied the allegations. The penalties were imposed on the related US companies, not directly on the listed China Zhongwang entity or Liu Zhongtian personally.
2019
Alleged evasion of U.S. anti-dumping duties
The U.S. Department of Justice charged Zhongwang in a case alleging that aluminium products were disguised as pallets to evade approximately US$1.8 billion in anti-dumping duties. China Zhongwang denied the accusations. The case contributed to legal and reputational scrutiny of the company's international business.