Video: China Deploys Tanks After Top Bank Declares People’s Money ‘Investment Products’
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The Chinese government has mobilized tanks on the streets to protect banks after the Henan branch of the Bank of China stated that the people’s savings in their branches are now ‘investment products’ and cannot be withdrawn.
In particular, tanks were rolled up on the streets to frighten Henan Bank protesters in the midst of large -scale protests in the province by the bank depotation during the acquisition of frozen funds. Also Read – Chinese Account Holder Carefully! The Chinese government limits a large cash withdrawal after the bank is running
Media reports claim that Chinese Liberation Army (PLA) tanks are on the streets to protect banks (Rizhao, Shandong Province). Also Read – Chinese Claims Win in Back Fugitives, Funds from Overseas
The incident emerged in the light of the Henan branch of the Bank of China which stated that the savings of people in their branches were ‘investment products’ and could not be withdrawn. Also read – Modi, XI agrees to appreciate, implement Wuhan Consensus: China
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