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


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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. Subscribe: For more news go to: Follow DW on social media: Facebook: https:// Twitter: Instagram: Für Videos in deutscher Sprache besuchen Sie: com/dwdeutsch #China #HenanProvince #BankCrisis