Since the start of 2023, dozens of senior banking executives in China have resigned or been under investigation. This phenomenon marks a reshuffling of the Chinese Communist Party’s (CCP) financial sector, with various factions within the regime battling for their own interests, according to a China expert. This month, senior bank executives were frequently reassigned….
Chinese Banking Fraud Victims Strive to Have Their Voices Heard
April 4, 2023
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Chinachina bank corruptionchina banksChina Business & EconomyChinese banksdepositorsGrassroots ResistanceHenan Provincesocial controlSpecial TopicsZhengzhou cityzhengzhou protest
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Customers of Henan’s rural banks are continuing to seek access to their bank deposits, which have been frozen since April of last year. They are also searching for ways to let the outside world hear them voice their frustrations. On April 2, hundreds of Chinese deposit-holders gathered on a busy overpass in Zhengzhou city, Henan…
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