money1 The Chinese Communist Party says， “You can’t transfer money from the bank．” If you try to withdraw more than 20，000 yuan， the police will get involved．
China’s dystopia is unstoppable. A society that increasingly harasses people and takes away their freedom is being built.
Freedom of movement of funds has become increasingly restricted in China. Moreover, it is not that foreigners cannot take funds out of China.
Chinese people cannot move their own deposits.
*Quoted from China Court Network “More than 50,000 RMB? Registration required for deposit? Originally? Reason!”
↑On March 1, 2022, a regulation was put into effect that requires registration of the source and purpose of funds when “processing cash deposits and withdrawals of more than 50,000 RMB or the foreign currency equivalent of more than 10,000 USD in one transaction.”
However, more than two years later, it seems that even stricter restrictions on the movement of funds have been imposed.
On July 13, 2024, a microblog post stating that “the remittance limit from an account has been lowered to 500 RMB” became a hot topic and attracted attention.
This person went to the bank to complain, and after a lengthy exchange with the teller, after verifying his identity, they reluctantly adjusted his transfer limit to 10,000 RMB per day, and 200,000 RMB per year in total. It’s a nightmare not being able to freely withdraw or transfer your own money. It’s worth noting that since July, many banks in Zhejiang, Shandong, Shanxi, Hebei, Liaoning, Guizhou and other provinces have reportedly adjusted downward the non-counter transaction limits for some customers. The banks say that the reason they limit transfer amounts is to reduce the damage caused by the many people who are deceived into transferring money after being scammed. The question is whether this is true or not. Also, on June 13th, an article appeared stating that when a person tried to withdraw money from a bank in Changchun, Jilin Province, they were told that “you need to get permission from the local police station.” It was also said that a Jilin Bank employee at the Changchun branch responded that, according to the regulations of the local police station, if a customer wants to withdraw more than 20,000 yuan, they need to notify the police station.
“The police station will check the customer’s account, conduct a paper review, and if the review is successful, the customer can withdraw the money.”
The transfer limit is automatically lowered, and the police will be involved in any withdrawals of more than 20,000 yuan.
If this is true, what else can you call this but a dystopia?
On social media, some people are pointing out that “Maybe the banks don’t have any money either?”
It would be a problem if they withdrew all of my money at once like they did before. Real estate investment is going to explode from now on, so I have to do this much.
Deflation is great justice, he is the Ultraman of the economy. Japan should also freeze bank deposits and raise taxes quickly to stimulate the economy.
Normally there would be a run on the bank, but this is China. Of course, it was just worthless paper to begin with, so they need to convert it into foreign currency while it still has value.
>>36 No, workers are neutral. The value of wages goes up, but so does the risk of being fired, so it’s a mixed blessing. The ones who are celebrating are the job seekers.
If you get into too much trouble with the government, your savings will disappear before you know it. It’s easy to get rid of people, so it’s easy to get rid of savings.
Comments