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There are rumours that some Chinese banks are freezing some savings accounts - PBOC denies

There are rumours that some Chinese banks are freezing some savings accounts - PBOC denies

Central Banks
Eamonn Sheridan
23/08/2023 | 02:03 GMT

The People's Bank of China has denied reports that some banks are permanently freezing some savings accounts.

Says these rumours are not true.

-

Sheesh, it's a worry that such rumours are even gaining traction.

china property house 11 July 2023

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