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Chinese aluminum maker defiant despite $1.8bn US fraud verdict

Six companies said to be controlled by Zhongwang founder convicted of conspiracy

Liu Zhongtian, then chairman and president of China Zhongwang Holdings, at a company factory soon after its 2009 IPO in Hong Kong.    © AP

HONG KONG -- A leading Chinese aluminum products maker and its founder are remaining defiant in the face of a U.S. court verdict over an alleged conspiracy to evade $1.8 billion in customs duties and inflate sales.

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