Armed Polite Society
Main Forums => Politics => Topic started by: MechAg94 on July 10, 2022, 10:38:41 PM
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Chinese Bank Run Turns Violent After Angry Crowd Storms Bank of Communist China Branch Over Frozen Deposits
https://ussanews.com/2022/07/10/chinese-bank-run-turns-violent-after-angry-crowd-storms-bank-of-china-branch-over-frozen-deposits/
As Reuters reports, a large crowd of angry Chinese bank depositors faced off with police Sunday in the city of Zhengzhou, and many were injured as they were taken away, amid the freezing of their deposits by some rural-based banks.
The banks froze millions of dollars worth of deposits in April, telling customers they were upgrading their internal systems. The banks have not issued any communication on the matter since, depositors said.
Interesting news. Nothing to see here in glorious Communist China.
https://www.zerohedge.com/markets/chinese-bank-run-turns-violent-after-angry-crowd-storms-bank-china-branch-over-frozen
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Welcome to China where even if you show up with a thousand protesters the police will still outnumber you 3 to 1 and then proceed to beat the crap out of you.
Chinese cops 'beat' protesters outraged at having bank accounts frozen
https://www.foxnews.com/world/chinese-cops-beat-protesters-outraged-having-bank-accounts-frozen
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A quote from further down the article:
The police then announced to the protesters from a vehicle with a megaphone that they were an illegal assembly and would be detained and fined if they didn’t leave. Around 10 a.m., the men in T-shirts rushed the crowd and dispersed them. Zhang said she saw women dragged down the stairs of the bank entrance. Zhang herself was hit, and said she asked the officer, “Why did you hit me?” According to her, he responded: “What’s wrong with beating you?”
Yang said he was hit by two security officers including one who had fallen off the stairs and mistakenly thought in the chaos that Yang had hit or pushed him.
Sounds about right.