The Discontent Is Growing in China, As Thousands of Customers Have Had Their Bank Assets Frozen.
Protesters want $6 billion in deposits unfrozen.
“Henan banks return my deposits.”
Hundreds of people demonstrated on Sunday in front of a branch of the Central Bank of China, in Zhengzhou, the capital of the Henan region.
At issue: a suspension of bank withdrawals, effective April 2022 in the four banks of Henan, which prevents hundreds of thousands of people from accessing their savings.
A dramatic sit…
Keep reading with a 7-day free trial
Subscribe to Sylvain Saurel’s Newsletter to keep reading this post and get 7 days of free access to the full post archives.