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’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
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
