When banks in Henan Province refused to let people access their deposits, large-scale protests broke out in July. The local authorities responded with plans to repay those with frozen accounts in rural banks. The reimbursements reportedly entered a third stage on Aug. 1. However, one protester revealed that the first two rounds of repayments weren’t exactly fulfilled.
In an interview with the Chinese language edition of The Epoch Times on July 29, a protester said that many smaller account holders have not received any payments from the previous two repayment plans, and the morale of the protesters’ has unraveled.
She said, “I am not optimistic for those larger accounts.”…