3min chapter

Inside China cover image

How China’s bank scandal and mortgage boycott have Beijing scrambling to respond

Inside China

CHAPTER

Introduction

More than one thousand people gathered in front of the peepos bank of china in junjo, the capital city of gonan province. Local authorities claima criminal gang had stolen the money. But it's what happened next that made world news. A large group of unidentified men in white shirts begin attacking the protesters and dragging them down the stairs. How did a gang manage to steal so much money from rural banks and get away with it? It's about confidence in china's banking system.

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