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Chinese bank depositors face police in angry protest

Chinese bank depositors face police in angry protest
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a big crowd angry chinese bank depositors He faced police on Sunday, some of whom were hardened as they were taken away, in a case notable for previous attempts to use a COVID-19 tracking app to prevent them from taking action.

About 620 kilometers (380 miles) southwest of Beijing, hundreds of people held banners and chanted on the broad steps of the entrance to a branch of the Chinese central bank in Zhengzhou city, Henan province. Video taken by a protester shows plainclothes security teams swarming with water bottles and other objects as they attack the crowd.

Later on videos shared on social media It shows an unspecified number of protesters being pushed one by one and down stairs by security teams dressed in plain white or black T-shirts. Phone calls to Zhengzhou city and Henan province police went unanswered.

Protesters are among the thousands of customers opening accounts at six rural banks in Henan and neighboring Anhui province, which offer higher interest rates. They later realized that they could not withdraw their funds after media reports that the head of the banks’ parent company was on the run and wanted for financial crimes.

In this photo posted by Yang on Sunday, July 10, 2022, people hold banners and shout slogans, protesting at the entrance of a branch of the Chinese central bank in Zhengzhou in central China's Henan Province.  About 620 kilometers (380 miles) southwest of Beijing, hundreds of people held banners and chanted on the broad steps of the entrance to a branch of the Chinese central bank in Zhengzhou city, Henan province.  Video taken by a protester shows plainclothes security teams swarming with water bottles and other objects as they attack the crowd.

In this photo posted by Yang on Sunday, July 10, 2022, people hold banners and shout slogans, protesting at the entrance of a branch of the Chinese central bank in Zhengzhou in central China’s Henan Province. About 620 kilometers (380 miles) southwest of Beijing, hundreds of people held banners and chanted on the broad steps of the entrance to a branch of the Chinese central bank in Zhengzhou city, Henan province. Video taken by a protester shows plainclothes security teams swarming with water bottles and other objects as they attack the crowd.
(AP)

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“We came today and wanted to get our savings back, because I have elderly people and children at home and not being able to withdraw savings has seriously affected my life,” said a woman from Shandong province with the only surname Zhang. , out of fear of revenge.

What was a local scandal became a national event last month. COVID-19 tracking app. Many people in Zhengzhou who requested action from regulators found their health status on the app had turned red, preventing them from traveling. Some reported being questioned by the police after checking into their hotel about why they had come to the city. Five Zhengzhou officials were later punished.

Protesters gathered in front of the People’s Bank of China building in Zhengzhou before dawn on Sunday. The flashing lights of police vehicles are seen in the videos taken in the dark in the early hours of the morning. Zhang said that the police closed the street and began to gather on the other side at 8 am.

In this photo posted by Yang on Sunday, July 10, 2022, people protest by holding banners at the Chinese central bank's branch office in Zhengzhou, central China's Henan Province.  Protesters gathered in front of the People's Bank of China building in Zhengzhou before dawn on Sunday.  The flashing lights of police vehicles are seen in the videos taken in the dark in the early hours of the morning.  Zhang said that the police closed the street and began to gather on the other side at 8 am.

In this photo posted by Yang on Sunday, July 10, 2022, people protest by holding banners at the Chinese central bank’s branch office in Zhengzhou, central China’s Henan Province. Protesters gathered in front of the People’s Bank of China building in Zhengzhou before dawn on Sunday. The flashing lights of police vehicles are seen in the videos taken in the dark in the early hours of the morning. Zhang said that the police closed the street and began to gather on the other side at 8 am.
(AP)

In addition to the uniformed policemen, there were also men’s squads in plain T-shirts. A banking regulator and a local government official arrived, but their attempts to speak to the crowd were denied. Another Beijing protester, surnamed Zhang and Yang, told the AP that the protesters did not believe what they had heard from the authorities before and what they said. Yang refused to be identified by his full name, fearing pressure from the authorities.

this police later announced to protesters from a vehicle with a megaphone, he said that they were an illegal meeting and that they would be detained and fined if they did not leave. Around 10:00, the men in T-shirts rushed into the crowd and dispersed them. Zhang said he saw women being dragged down the stairs of the bank entrance.

Zhang himself was shot and asked the officer, “Why did you hit me?” he said he asked. To him, he replied: “What’s wrong with beating you?”

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Yang said he was shot by two security guards, one of whom fell down the stairs and mistakenly thinks Yang had hit or pushed him.

“While repeated protests and demonstrations don’t necessarily have a big impact, I still think it’s helpful for more people to know and understand or sympathize with us,” Yang said. Said. “Every time you do it, you can make a difference. Even if you get shot, they can’t really do anything to you, right?”

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The protesters were taken by bus to various locations, which Zhang said were forced to sign a letter assuring them that they would no longer be together.

late on sunday Henan banking regulators They posted a brief announcement on their website, stating that authorities are expediting the verification of client funds at four of the banks and are creating a plan to resolve the situation to protect the rights and interests of the public.

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