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IPFS News Link • China

China Reportedly Deployed Tanks to Protect Banks that Froze Depositors' Funds

• https://needtoknow.news by CNN

The China Banking and Insurance Regulatory Commission urged banks to increase loan support for real estate developers so they can complete unfinished projects, as thousands of disgruntled homebuyers, who pay for homes before they are completed, are staging a mortgage boycott across the country. Locals from Henan claim they have not been able to take any money out from local banks since April.


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