Workers pack containers in Yiwu, an inland port home to dozens of warehouses, where many exporters have recently seen their bank accounts frozen for weeks or months – often by police located in other Chinese provinces. Photo: Ren Wei Workers pack containers in Yiwu, an inland port home to dozens of warehouses, where many exporters have recently seen their bank accounts frozen for weeks or months – often by police located in other Chinese provinces. Photo: Ren Wei
Workers pack containers in Yiwu, an inland port home to dozens of warehouses, where many exporters have recently seen their bank accounts frozen for weeks or months – often by police located in other Chinese provinces. Photo: Ren Wei
China economy

China’s small exporters see bank accounts frozen amid ‘massive crackdown’ by police across the country

  • Traders are being told that they must travel to provinces hundreds or thousands of kilometres away to meet with investigators and unfreeze their bank accounts
  • The extent of the exporters’ losses is substantial enough that one city government set up an assistance centre to help those whose bank accounts had been frozen

Topic |   China economy
Workers pack containers in Yiwu, an inland port home to dozens of warehouses, where many exporters have recently seen their bank accounts frozen for weeks or months – often by police located in other Chinese provinces. Photo: Ren Wei Workers pack containers in Yiwu, an inland port home to dozens of warehouses, where many exporters have recently seen their bank accounts frozen for weeks or months – often by police located in other Chinese provinces. Photo: Ren Wei
Workers pack containers in Yiwu, an inland port home to dozens of warehouses, where many exporters have recently seen their bank accounts frozen for weeks or months – often by police located in other Chinese provinces. Photo: Ren Wei
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