Protest and government response in Hunan

From the BBC:

Protests in two Chinese cities

The Chinese government is reported to have sent thousands of soldiers and police to quell unrest in the central province of Hunan.

Up to 10,000 people took to the streets in Jishou to demand money back from an allegedly fraudulent fundraising firm, a Hong Kong-based rights group said.

In another protest in the eastern port of Ningbo, 10,000 workers clashed with police, the group added.

From The China Daily:

Hunan clamps down on illegal fund-raising

Local authorities in central China’s Hunan Province on Sunday started probing into 12 companies involved in illegal fund-raising cases after a dispute led to lenders’ demonstration on Wednesday and Thursday, blocking roads and railways.

The government of Xiangxi Tujia and Miao Autonomous Prefecture issued a notice on TV, radio and newspapers on Sunday, telling the public that working teams had been sent to the enterprises on suspicion of illegal fund-raising and a probe into their assets had began.

The notice said the executives of the suspected enterprises and relevant financial information would be put under control.

The prefectural capital of Jishou city ordered all underground fund-raising activities to stop and suspected enterprises to suspend paying interest before the probe ended.

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