Wearing surgical masks to cover their faces, dozens of people demonstrated outside a branch office of China’s central bank in the landlocked province of Henan early this month to demand their savings back. They’re among thousands of depositors in China that protesters say are still campaigning for compensation after last year’s rural banking scandal saw their accounts frozen. “America’s Silicon Valley Bank customers got their money back in three days.
Experts say this is because the government does not want to set a precedent as it cannot afford to cover the deposits of all of the nation’s troubled smaller banks, if they also go under. The central government does not want to “send the message out that if you’ve got a provincial bank with a problem, and there’s people protesting, Beijing will simply hand out cash,” said Andrew Collier, Hong Kong-based managing director of Orient Capital Research.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Secretary Yellen says national security may come at a cost in US-China relationship | CNN BusinessThe United States will safeguard its national security, even if it comes at an economic cost to its relationship with China, US Treasury Secretary Janet Yellen said on Thursday.
Herkunft: CNN - 🏆 4. / 95 Weiterlesen »
Polestar's new SUV has no back window | CNN BusinessPolestar, the electric vehicle brand spun off from Volvo, just unveiled a new SUV that will be for sale in the United States next year. It finally does away with something that's become increasingly pointless in new vehicles, anyway: The back window. Very good car Far more confortable an reliable than the Tesla 👌 Who has this kind of money to spend on a vehicle Not me.
Herkunft: CNN - 🏆 4. / 95 Weiterlesen »
Accessing credit has become harder, Fed's Beige Book shows | CNN BusinessBusinesses across the country said banks have tightened their lending standards since last month's banking crisis, according to an economic survey from the Federal Reserve released Wednesday. Wait until hedge funds have to close naked positions. But Biden says everything's fine.... Biden's America
Herkunft: CNN - 🏆 4. / 95 Weiterlesen »
Why Netflix delayed its password sharing crackdown | CNN BusinessNetflix on Tuesday said it will move forward with a broad rollout of its paid account sharing option in the second quarter, after having delayed it during the prior quarter.
Herkunft: ALNewsNetwork - 🏆 583. / 51 Weiterlesen »
Tesla is a victim of a price war it started | CNN BusinessTesla helped kick off an EV price war. Now, those lower prices are hitting the company’s sales and profits. Can we stop with these cars already No one is even close to Tesla. They beat all the other car manufacturers in sales combined last year. Stop with the hate CNN. Duh
Herkunft: CNN - 🏆 4. / 95 Weiterlesen »
Smartmatic could be Fox's next big problem | CNN BusinessFox News’ legal battle with Dominion Voting Systems is over. It now has to deal with Smartmatic, which is seeking billions of dollars more than its rival wanted in damages. PLEASE take them to trial!!! Make those fuckers take the stand!!!!!!!!!!!!!!!!!!!!!!!! Money, money, money Funny how money recifies all ills. It’s a billion more.
Herkunft: CNN - 🏆 4. / 95 Weiterlesen »