Gordon Chang: China Bank System Short on Cash

Don Ma
By Don Ma
July 11, 2022NTD Business
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In China, a protest turned violent on Sunday in central Henan Province. People are protesting over local banks freezing their deposits and not allowing them to withdraw money. Chinese authorities violently dispersed thousands of protesters gathered at the People’s Bank of China.

NTD talked to China expert Gordon Chang about the protests and what this means for the Chinese economy in general.

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