In a groundbreaking move, the Chinese government has announced its intention to deploy a deposit insurance scheme aimed at repaying victims of rural banking fraud. This initiative comes as a response to the recent spate of fraudulent activities that have plagued the country’s rural banking sector, leaving countless individuals financially devastated. By implementing deposit insurance,... https://worldwidedigest.com/china-to-deploy-deposit-insurance-to-repay-victims-of-rural-banking-fraud/