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28 June 2022

China banking scandal may involve US$6 billion

JEFF PAO

More than 400,000 depositors of six rural banks in central China’s Henan province are being urged to file their cases to banking regulators if they cannot withdraw their money, which reportedly totals 40 billion yuan (US$6 billion). Since April, the depositors, who are located in different places across the country, have been unable to withdraw their […]

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