Sylvain Saurel’s Newsletter

Sylvain Saurel’s Newsletter

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Sylvain Saurel’s Newsletter
Sylvain Saurel’s Newsletter
The Discontent Is Growing in China, As Thousands of Customers Have Had Their Bank Assets Frozen.

The Discontent Is Growing in China, As Thousands of Customers Have Had Their Bank Assets Frozen.

Protesters want $6 billion in deposits unfrozen.

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Sylvain Saurel
Jul 16, 2022
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Sylvain Saurel’s Newsletter
Sylvain Saurel’s Newsletter
The Discontent Is Growing in China, As Thousands of Customers Have Had Their Bank Assets Frozen.
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“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…

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