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Panic Rows of Tanks in China Alert Banks

Beijing

The video shows rows of tanks lining the streets China make people uproar. The tanks were deployed to protect a bank in one of the areas.

Reported NDTVThursday (07/21/2022), citing local Chinese media reports, in the video that circulated a number of tanks lined up on the streets China. The video is said to be reminiscent of the dire situation in June 1989 when tanks filled Tiananmen Square during a student demonstration demanding democracy.

Reddit users say the video was shot in the Rizaho area of ​​Shandong Province. The tanks are said to have been deployed to protect a local bank that was hit by a crisis and sparked a scandal.

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The local Chinese bank scandal first surfaced in April, when the media South China Morning Post (SCMP), in one of its articles reports that customers in Henan and Anhui Provinces were denied access to their bank accounts due to a ‘system upgrade’.

Report DNA India citing local media China said the local bank stated that customers’ savings in their branches had become ‘investment products’ and could not be withdrawn.

Demo of bank customers in China (Photo: AP Photo/Yang)

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 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.

Read more on the next page.

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