Bank depositors in several Chinese provinces have reported their bank and credit accounts have been frozen, actions seen as being related to bank runs in Henan and a nationwide mortgage boycott. Experts say this all indicates that China’s economy is in a very precarious state. Mainland Chinese media Securities Daily reported on July 18 that…
Reports of Depositor Accounts Being Frozen, as China’s Banking Crisis Spreads
July 21, 2022
admin
bank runsChinaChina Business & EconomyChinese Regimefronzen accountsHainanHenanmortgage boycottSocial Issues
0 Comment
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`