$10 Billion Gone! China’s Largest Airport Collapses, Boss Disappears, 8,000 Workers Laid Off
$10 Billion Gone! China’s Largest Airport Collapses, Boss Disappears, 8,000 Workers Laid Off
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Both Shanghai Pudong and Hongqiao International Airports are managed by Shanghai Airport Authority. The company is currently facing leadership instability. On October 24, the board announced that General Manager Huang Zhenglin had submitted his resignation. Chinese media later reported that Huang is missing, suggesting he may be under official investigation, considering the political climate in China.
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