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China Rolls Out Tanks Onto the Streets to Protect Banks Draining Customers’ Accounts (VIDEO)


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China is rolling tanks onto the streets to crush protestors.

History is repeating itself before our eyes.

China is attempting to thwart angry citizens protesting the Henan branch of the Bank of China for withdrawing funds from customers’ accounts.

Last week, WLT reported on the protests outside the bank that ended with clashes between citizens and security forces.

Chinese Protestors Clash With Security Forces Over Frozen Deposits Outside of Central Bank (WATCH)

The situation has intensified and China has deployed tanks into the streets to quell protests from the defrauded depositors.

This viral clip has picked up 8 million views on Twitter at the time of writing:

The Henan Branch of the Bank of China reportedly declared that people’s savings in their branch are now ‘investment products’ and can’t be withdrawn.

Here’s additional footage:

Firstpost drew parallels to the 1989 Tiananmen Square Massacre:

In a grim reminder of the 1989 Tiananmen Square Massacre, armoured tanks were seen deployed on the streets of China amidst large-scale protests by people demanding the release of their savings frozen by banks.

The country’s Henan province has been for the past several weeks witnessing clashes between police and depositors with the latter saying they have been prevented from withdrawing their savings from banks since April this year.

Fresh videos have surfaced online in which Chinese Peoples Liberation Army (PLA’s) tanks can be seen deployed on the streets to scare protestors. Large-scale protests are being held in the province by bank depositors over the release of their frozen funds.

As per the reports the tanks were out on the streets to protect the banks and prevent locals from reaching the banks. The episode comes in the wake of an announcement by the Henan branch of the Bank of China that savings of depositors in their branch are “investment products” and cannot be withdrawn.

This incident is now posing a serious question if the history is set to repeat itself.

This is a grim reminder of China’s repressive crackdown of 4 June, 1989, Tiananmen Square massacre, which was carried out when Chinese leaders sent in tanks and heavily armed troops to clear Beijing’s Tiananmen Square, where student protesters had gathered for weeks to demand democracy and greater freedoms.

WATCH:



 

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