It's not your money, it's 'our money ': China deploys tanks on the street after banks seize citizens monkey, protests Bank crisis and action is reminding people of Tiananmen square

 

After major demurrers across China, a videotape showing tanks lined up on a road in China has shocked the internet as a a grim memorial of the 1989 Tiananmen Square Massacre. 

 

 The country's Henan fiefdom has been for the once several weeks witnessing clashes between police and depositors with the ultimate saying they've been averted from withdrawing their savings from banks since April this time. 

 Fresh Vids have surfaced online in which Chinese Peoples Liberation Army( PLA's) tanks can be seen stationed on the thoroughfares to scarify protestors. Large- scale demurrers are being held in the fiefdom by bank depositors over the release of their frozen finances. 

 

 The locals hit by the banking extremity, one of the worst in recent times in China, claim 40 billion yuan( US$ 6 billion) in deposits have faded and have been protesting demanding access to their savings. 

As per the reports the tanks were out on the thoroughfares to cover the banks and help locals from reaching the banks. 

 

 This incident is now posing a serious question if the history is set to repeat itself. 

This is a grim memorial of China's cathartic crackdown of 4 June, 1989, Tiananmen Square butchery, which was carried out when Chinese leaders transferred in tanks and heavily fortified colors to clear Beijing's Tiananmen Square, where pupil protesters had gathered for weeks to demand republic and lesser freedoms. 

 

 The occasion comes in the wake of an advertisement by the branch of the Bank of China that savings of depositors in their branch are" investment products" and can not be withdrawn.