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The ¥243 Billion Collapse Of China's Bohai Steel

Written By Behind Asia on Wednesday, Jun 21, 2023 | 05:02 AM

 
Once a prominent force in China's steel industry, Bohai Steel Group has faced a staggering downfall attributed to internal corporate problems, mismanagement, and a perilous reliance on debt-driven expansion. As a consequence, the company's decline seems inevitable, with its once towering stature reduced to a humbling state. Narrated by Tom Mckay Video Edited by iyanbriandi Facebook: https://www.facebook.com/behindasian Instagram: https://www.instagram.com/behindasia Inquiries: [email protected] Brought to you by the Behind Asian Team.

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