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Tanks Deployed to Guard Banks in China, What Happened?

Beijing

A video circulating showing a number of tanks lined up on the streets China has shocked the internet. The video is even said to be reminiscent of the dire situation in June 1989 when tanks filled the Alun-alun Tiananmen when student demonstrations demanding democracy were held.

As reported NDTV, Thursday (07/21/2022), citing local Chinese media reports, Reddit users said the video footage was taken in the Rizaho area, Shandong Province. It said the tanks were deployed to protect a local bank which was hit by a crisis and sparked a scandal.

Scandal bank local China it first appeared last April, when the media South China Morning Post (SCMP), in one of its articles reported that customers in Henan and Anhui Provinces were denied access to their bank accounts due to ‘system upgrades’.

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Report DNA India which quoted local Chinese media as saying that local banks even stated that customers’ savings at their branches had become ‘investment products’ and could not be withdrawn.

Since then, SCMP said in its article, a number of local banks such as Yuzhou Xinminsheng Village Bank, Shangcai District Bank, Zhecheng Huanghuai Community Bank and Kaifeng New Oriental State Bank in Henan Province and Guzhen Xinhuaihe Village Bank in Anhui Province have been affected.

Video footage from Henan shows long lines of tanks preventing local residents from getting inside the local bank. The video shows the situation when a line of tanks covered the entire block where the bank was located.

Video clip shows rows of tanks deployed to guard a local bank in Henan, China Photo: Screengrab from video posted on reddit.com/user/22Fingers via NDTV

Local residents looked nervous, but were forced to wait because of the presence of the armored vehicle. Reddit users compared the situation in Henan to the 1989 Tiananmen Square tragedy when hundreds of tanks were deployed to quell pro-democracy protests.

“Something… Something… History repeats itself,” read one netizen comment.

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