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Bank runs in China?

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  1. #31

    Join Date
    Jul 2006
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    That says a lot, that he thinks his view within China is commensurate with a “world view”. It may just be a bad translation, but we all know how filtered Chinese perspective is.
    Cheeky Kiwi likes this.

  2. #32

    Join Date
    May 2006
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    Not looked at this thread before but it was worth it for the HSY posts.

    Gatts likes this.

  3. #33

    Join Date
    Dec 2002
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    薄扶林
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    One narrative that is gaining some amount of credibility in my mind -- A lot of these accounts were used to launder money or funded with dodgy shadow banking loans. In their own inept way the party and its banks went overboard and there is a lot of collateral damage + some skull crushing.

    No clue how real this narrative is, but my bets are that there is a little bit of truth in this.

    Love how these guys in the middle of some third tier town are going on about "human rights" in English, for the international headlines. Slick ..
    Cheeky Kiwi likes this.

  4. #34

    Join Date
    Feb 2018
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    9

    They've called in the tanks now. (Can't vouch for accuracy, would be funny if true).

    https://twitter.com/OccuWorld/status/1549583984836976644?s=20&t=FZRzLahgRNc7ca6vao3G7g


  5. #35

    Join Date
    Sep 2018
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    Hong Kong SAR China
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    Quote Originally Posted by Ph1lW:
    They've called in the tanks now. (Can't vouch for accuracy, would be funny if true).

    https://twitter.com/OccuWorld/status/1549583984836976644?s=20&t=FZRzLahgRNc7ca6vao3G7g
    I think the prevailing strategy is insidious suppression rather than all guns ablazing. Especially in sensitive matters like this where the world is watching

  6. #36

    Join Date
    Sep 2019
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    4,534
    Love how these guys in the middle of some third tier town are going on about "human rights" in English, for the international headlines. Slick ..
    In every other country’s protests (and Tiananmen), the patriotic commenters usually describe it as evidence of colour revolution. They are interestingly mostly quiet on this particular instance right now. Maybe they have RMB deposits too.

  7. #37

    Join Date
    Dec 2006
    Location
    Tsuen Wan
    Posts
    922

    Bank offered a really high interest on deposits to persuade people to join in but in the end the bank couldn't pay up...

    Men in White + MIB's = no intimidation from gov


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