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branch of the Bank of China declared that people’s savings in their branch are now ‘investment products’ and can’t be withdrawn.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).
We are primarily funded by readers. Please subscribe and donate to support us!
See also Commiefornia Strikes Again: Man Who Set Students On Fire At U.C. Berkeley, Threatened Others With Hatchet Will Serve No Jail Time