Happening now in China; CCP tanks on the street again, this time protecting Banks (possibly Rizhao, Shandong Province).

by AssuredlyAThrowAway

This is because the Henan branch of the Bank of China declared that people’s savings in their branch are now ‘investment products’ and can’t be withdrawn.

This is not the first time the government of China has deployed weapons of war to quell a domestic protest. This situation, however, stands to be far more serious due to the impending collapse of the Chinese economy that has been brewing since the fall of 2020 (at least).

https://www.cnbc.com/2020/11/20/china-bond-defaults-by-state-owned-firms-spark-concerns.html

https://www.bloomberg.com/news/articles/2021-03-18/record-defaults-hit-china-s-weakest-firms-as-liquidity-tightens