Chinese crowds took to the streets in four northern cities this week after the collapse of an underground fundraising scheme in which they had invested, highlighting potential for social unrest as the country’s economic growth slows.
One of Beijing’s biggest fears is the failure of fundraising schemes could trigger street protests by upset middle-class investors that could destabilise the ruling Communist party’s grip on power.
Protesters carrying red banners marched in the Hebei cities of Zhangjiakou, Cangzhou, Langfang and Hengshui on Monday.
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