https://www.youtube.com/watch?v=C5ahLsGPeDA
hina’s Shipbuilding Giant Goes Bankrupt As It fails to pay $141 Billion A court in the eastern province of Zhejiang said it recently accepted a bankruptcy case involving a state-owned shipbuilder, the first government-backed company to go under amid an industry slowdown. Zhoushan Intermediate People’s Court said it accepted a petition filed by Zhejiang Shipping Group regarding the bankruptcy of a subsidiary called Zhoushan Wuzhou Ship Repairing & Building Co. Ltd. The court said it had frozen the assets
