China Deploys Tanks To Prevent People From Withdrawing Money From Crisis-Hit Banks

On July 10, 2022, more than a thousand depositors had gathered in front of the nation's central bank's Zhengzhou branch to commence their biggest-ever protest. In response, China deployed tanks to prevent people from withdrawing money from crisis-hit banks.

Armoured tanks were spotted positioned on the streets of China amid large-scale rallies by citizens demanding the return of their frozen savings by banks, in a chilling flashback of the 1989 Tiananmen Square Massacre, reports The Print.

For the past several weeks, the country's Henan region has seen skirmishes between police and depositors, who claim they have been unable to withdraw their savings from banks since April of this year.

New footage have emerged online showing Chinese Peoples Liberation Army (PLA) tanks stationed on the streets to intimidate protestors. Bank depositors are staging large-scale rallies in the province to demand the release of their frozen assets.

Per the reports, the tanks were deploy...

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