Social Media Users Deride China’s Reported Use of Military Tanks to Intimidate Protesting Bank Customers

Social Media Users Deride China’s Reported Use of Military Tanks to Intimidate Protesting Bank Customers


Social media users have slammed China’s reported use of military tanks to intimidate bank customers protesting against the freezing of their savings. Some users claimed the deployment of military tanks exposes the country’s underlying economic problems. Crypto proponents see the issue as a vindication of their long-standing argument.

Savings Now Investment Products

Some social media users have derided Chinese authorities’ reported decision to deploy tanks around the central bank’s offices in Henan where bank customers have been protesting against the freezing of their savings. The deployment of tanks follows reports the central bank in Henan Province told the protesting clients that their savings were now investment products. This meant affected bank clients could not withdraw their savings.

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