MASSIVE Run On Banks Taking Place In China

As financial systems are starting to collapse globally, China has been the frontrunner in carrying out the Globalists’ Great Reset. Carefully watching what is taking place in China, if you can find the heavily-censored news, will provide a sneak peek of how things are most likely to unfold in other nations.

Many depositors have been fighting to collect their funds from multiple rural banks in Henan for the past few months, which adds up to billions of dollars. During the month of May, many of them traveled to Zhengzhou from throughout China and outside the workplace of the Henan banking regulator to require their cash back– to no avail.

Bank failures have become all too real in China as the panic sets in among its citizens; in fact, most recently there have been reports of people standing outside bank locations for hours desperate to withdraw funds from their accounts.

Following Henan, banks in Shanghai and Dandong (Liaoning) likewise saw long lines of waiting customers in front of their head office.

More details of this report from ‘The BL’:

Recently, freezing depositors’ accounts by four rural banks in Henan has become a hot topic on social media. As a result, customers of these banks could not withdraw their money which led them to move to Zhengzhou, Henan to claim their rights. Following Henan, banks in Shanghai and Dandong (Liaoning) also witnessed a long traffic jam in front of their headquarters.

Depositors in Dandong, Liaoning Province, could not receive their deposits.

Youtube channel Zai Ye Shuo posted a video stating that on June 17, many people lined up outside Dandong bank waiting to withdraw their money. The channel wrote, “Done! Bank can’t withdraw money! There was a run on a bank in Dandong, Liaoning, and a thunderstorm on the banks of Henan village caused panic.”

In the video, a long line of depositors can be seen outside Dandong bank, hoping to be able to withdraw their money.

Another video shows the traffic jam at Dandong Bank, Liaoning, on June 16.

Vision times quoted a witness as saying: “When I went to the Rural Commercial Bank, the rural merchants had no money, when I went to Dandong Bank, there were many people, I don’t know in the end whether they got the money or not.

Seeing so many people waiting to withdraw money, a man at the scene said: “It’s been like this these days, it’s like that every day.”

The incident that many depositors in Dandong City, Liaoning Province, could not withdraw their deposits sparked a wave of comments:

“Banking tricks, they purposely tell you to take out so they don’t have to pay interest.”

“Many banks in mainland China are about to collapse! They are closed.”

“The people’s sweat, tears, and riots, heaven will not forgive them.”

“Will future recipients be charged with plotting to overthrow the country?”

“It hurts to see such a great and weak country.”

“People with money in the bank should give it as soon as possible to buy valuables to preserve their value. The bank storm will have a chain reaction. Dandong is just the beginning… Let’s see!”

“Hell on earth, really pitiful”

The Gateway Pundit stated:

Steve Bannon warned about China and shared that the people of China would take their money elsewhere in a second if the currency was allowed to leave China. We are seeing this today. The people of China don’t trust their banks.

Watch it here: CNBC/Youtube

What Bannon said is happening now.

As we can clearly see, their economy is weak and the realty market is crashing as we speak. Buildings continue to sit empty while no one has any cash to spend. Evergrande was one casualty of this catastrophe.

Individuals in Asia see it. This is exactly why China is doing all it can to financially damage the United States. They feel that they must, especially if it covers up their weak point, they are delighted to ruin the whole world economy.

Sources: TheGatewayPundit, Vision times


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