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4,882 views • May 26, 2022

1M Chinese Customers Unable to Access Bank Deposits

China in Focus
China in Focus
China’s ongoing lockdowns are driving foreign companies away—including Apple. Now the company is turning to nearby neighbors. Vacation rental company Airbnb is saying goodbye to the Chinese market after a several-year revenue struggle under China’s lockdown policies. Though multinational companies are planning to step back from China, some voices still say it won’t be easy to detach from China’s supply chains. A million bank customers are blocked from withdrawing their own money. Four local banks and $1.5 billion are involved. Customers now fear they might lose the funds for good. Topics in this episode: WSJ: Apple to Boost Production Outside China? Airbnb to Close Its Domestic Business in China Mexico: A New Supply Chain Alternative to China? Vietnam Exports Soar Amid Decline in Shenzhen Expert: Detaching From China Supply Chains Not Easy 1M Chinese Customers Unable to Access Bank Deposits Q&A: China’s Overseas United Front Work Dept. Xinjiang Leak Reveals ‘Shoot-To-Kill’ Policy Price: Appalled by Reports on China Internment Camps Australia’s China Approach Under New PM Have other topics you want us to cover? Drop us a line: chinainfocus@ntdtv.org And if you’d like to buy us a coffee: https://donorbox.org/china-in-focus Subscribe to our newsletter for more first-hand news from China. Follow China in Focus on social media: Twitter: https://twitter.com/ChinaInFocusNTD Truth Social: https://truthsocial.com/@chinainfocus Gettr: https://gettr.com/user/chinainfocus Facebook: https://www.facebook.com/NTDChinainFocus Gab: https://gab.com/ChinaInFocus Telegram: https://t.me/ChinainFocusNTD Click the “Save” button below the video to access it later on “My List” Follow EpochTV on social media: Twitter: https://twitter.com/EpochTVus Rumble: https://rumble.com/c/EpochTV Truth Social: https://truthsocial.com/@EpochTV Gettr: https://gettr.com/user/epochtv Facebook: https://www.facebook.com/EpochTVus Gab: https://gab.com/EpochTV Telegram: https://t.me/EpochTV
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