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China - Finance - Protesting Investor

Lu Yafang, an investor who claimed that she lost her life saving of 100,000 RMB (roughly 15,500 USD) to investment schemes promoted by the local government, shows a signed petition and thumb prints of other victims in Shanghai, China on 04 August, 2011. With the banking interest rate artificially depressed by the Chinese government, the average Chinese citizen has little option to increase their wealth in the face of inflation, causing some of them to put their money in risky and often fraudulent schemes.

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Qilai Shen
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Qilai Shen Asia China Peoples Republic of Shanghai Economy Finance Investment Scam Government Corruption Fraud Scheme Listing Stocks Law and Order Protest Social Instability Money Crime
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Lu Yafang, an investor who claimed that she lost her life saving of 100,000 RMB (roughly 15,500 USD) to investment schemes promoted by the local government, shows a signed petition and thumb prints of other victims in Shanghai, China on 04 August, 2011. With the banking interest rate artificially depressed by the Chinese government, the average Chinese citizen has little option to increase their wealth in the face of inflation, causing some of them to put their money in risky and often fraudulent schemes.
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