July 11, 2022 11:48 AM

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Angry bank depositors in Henan, China stage their largest protest against the "corruption and violence of Henan government"

<span style="color: #222222;">In a rare public demonstration in China, a large crowd of angry Chinese bank depositors protests in the Chinese city of Zhengzhou in Henan province.<br />''<br />''Crowds demonstrated against alleged corruption by local officials and demanded their life savings back from banks that have frozen their deposits. They were dispersed by the heavy-handed plain-clothed police, and many got severely injured.<br />''<br />''As Chinese economy faced an economic slowdown, four banks in Henan Province have since mid-April frozen millions of dollars worth of deposits, leaving thousands of small savers without funds and a threat to their livelihood. Anguished depositors have staged several demonstrations in the city of Zhengzhou but all in vain.<br />''<br />''Chinese media has reported that the frozen deposits could be worth up to 1.5 billion US Dollars.</span><br />

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