China Halting Bank Cash Transfers A Routine Exercise? – ValueWalk Premium

China Halting Bank Cash Transfers A Routine Exercise?

The People’s Bank of China ordering commercial bank to halt cash transfers, as reported by Forbes, is a routine system maintenance exercise, according to Citibank China Customer Service.

According to Tyler Durden of ‘Zerohedge’, the Forbes report is entirely misleading.


Suspension spans three to nine days
According to Gordon G. Chang of Forbes, the People’s Bank of China has ordered . . .

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