Bank Protests in China Cause Outrage, Fears of Use of Covid Code for Repression


Source: europe-solidaire.org europe-solidaire.org

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THERE WAS outrage in China last month after bank depositors seeking the return of their savings were targeted by state security forces. In particular, banks in Zhengzhou, the capital of Henan, s aw protests by over 1,000 bank depositors. They were, however, attacked by plainclothes police and others, sending dozens to the hospitals. The four banks, which were located in rural areas of Henan, froze 178 million USD worth of deposits, for close to two months. This has left some families without access to their savings, while some companies have been unable to pay employees. Protests took place in Zhengzhou,...