
KEY HIGHLIGHTS
– The New Oriental Country Bank of Kaifeng, Zhecheng Huanghuai Community Bank, Shangcai Huimin County Bank, and Yuzhou Xin Min Sheng Village Bank froze their customers’ deposits in April
– Customers have been travelling to Zhengzhou to retrieve their money since then
– A series of small protests broke out, culminating on 23rd May in a large demonstration, after which the police put an end to it
[Henan] are suspected of restricting the movements of some residents via the Covid app.
China: After banking protests, Covid app ‘restricts’ residents from accessing public transport or buildings comes via ChinaTechNews.com.