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In April 2022, four rural banks in the Chinese province of Henan announced the freezing of what turned out to be roughly 40 billion renminbi (or about $6 billion) of retail deposits.
Caixin Global provides the latest China news headlines on politics, economy, business and finance with insight and in-depth analysis.
Caixin Global provides the latest China news headlines on politics, economy, business and finance with insight and in-depth analysis.
Caixin Global provides the latest China news headlines on politics, economy, business and finance with insight and in-depth analysis.
Caixin Global provides the latest China news headlines on politics, economy, business and finance with insight and in-depth analysis.