Subsidiary Fantasia Group (China) will cooperate with Blue Green Shuangcheng under a ‘co-construction’ model, which will see them work together on implementing a range of measures to revive the group.
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.
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.
This is a grim reminder of China s repressive crackdown of June 4, 1989 - Tiananmen Square massacre 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. China Deploys Tanks On Streets to Prevent People From Withdrawing Money from Crisis-Hit Banks; Grim Reminder of Tiananmen Square Incident.
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