Rural China’s Anger Erupts: Billions Trapped, With Thousands of Rural Banks Vanishing One by One
Rural China’s Anger Erupts: Billions Trapped, With Thousands of Rural Banks Vanishing One by One
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On October 31, the New Rural Cooperative Rural Capital Mutual Aid Society in Nehe City, Heilongjiang, reportedly collapsed. Online sources shared that locals had deposited billions of yuan, only to find that now the money was gone, and the operators had disappeared.
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