China places restrictions on large cash withdrawals amid rising NPAs, bank runs

https://m.businesstoday.in/story/china-places-restrictions-on-large-cash-withdrawals-amid-rising-npas-bank-runs/1/409345.html

Around 70,00,000 people in these three provinces will be affected due to the cash withdrawal restrictions; these curbs were announced after local governments, police and banks failed to persuade people not to throng banks in large numbers to withdraw all their cash