Customers pictured outside the bank branch in Shandong province on Monday. Photo: Handout

In sign of financial stress, gossips cause a rare bank run in China

Police detain employees at a local agricultural firm for spreading rumours that the local branch of the lender in Shandong province was in financial trouble

Topic |   Banking & Finance

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Customers pictured outside the bank branch in Shandong province on Monday. Photo: Handout
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Wendy Wu

Wendy Wu

Wendy Wu is a Beijing-based reporter focusing on international finance and diplomacy. Her journalism career spans a decade and she has been reporting for the Post since 2015. Wendy has a master's degree in finance from Germany's University of Freiburg.