Protests in China: What’s behind the bank scandals | DW News – YouTube

Protests in China: What’s behind the bank scandals | DW News

https://youtu.be/dZXutPyCE8U

It’s a politically sensitive year for China. And confidence in the financial sector has plunged. A few months ago, four rural lenders in the northern province of Henan froze the deposits of hundreds of thousands of customers. State regulators have finally announced a second round of repayments to some of those account holders starting next week. But as Patrick Fok reports from Beijing, this isn’t the only banking crisis causing social unease.

(1) Protests in China: What’s behind the bank scandals | DW News – YouTube