Western competitors accuse China Zhongwang of transhipping through Vietnam to avoid tariffs in the US and to collect export rebates in China.

西方竞争对手指控忠旺通过越南再出口，以避免美国关税，同时获得中国的出口退税。

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The case of China Zhongwang Holdings, a giant aluminum producer, illustrates how Liaoning province effectively went into debt in a roundabout manner-and concealed the borrowing.

大型铝型材制造商中国忠旺控股有限公司的案例说明了辽宁省是如何通过迂回方式大量举债以及掩盖借款行为的。

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The case of China Zhongwang Holdings, a giant aluminum producer, illustrates how Liaoning province effectively went into debt in a roundabout manner and concealed the borrowing.

FORBES: How Can China Save Europe When It's Defaulting On Its Own Debt?