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Tag Archives: henan China banks in trouble
China: $6 Billion in deposits vanished from Banks. Where did the money go?
.. .. . Since mid-April, customers’ deposits in several village banks in Henan, China, have “vanished”. More than 400,000 depositors were unable to withdraw their deposits of nearly RMB 40 billion. The incident caused depositors to take action to defend … Continue reading
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