#Newtalk新聞 China's economy is facing severe issues, with many banks experiencing large amounts of loans that cannot be recovered. The banks are suffering from severe cash flow shortages, making it difficult for depositors to withdraw cash normally. To prevent bank runs, various #刁難民眾提款 regulations have been implemented by the banks.
On the 11th, a citizen from Changchun, Jilin Province, went to Jilin Bank with a bank card and ID to withdraw money but was told they needed #轄區派出所同意才能領到錢 . On the 12th, staff from the involved branch of Jilin Bank and the local police station stated that this action was taken to prevent telecom fraud.
The bank stated that according to police requirements, withdrawals of more than 20,000 yuan require the provision of police documentation. $BTC