Tag Archives: Zhengzhou

Zhengzhou: More than 200 cars involved in massive pileup in China



CNN
 — 

One person was killed during a massive pileup involving more than 200 vehicles in the central Chinese city Zhengzhou on Wednesday, according to state media.

The pileup took place on a bridge that was shrouded in heavy morning fog, which caused multiple vehicles to crash, according to state-owned The Global Times.

Photos from the scene show the long multi-lane bridge, stretching across fields and the Yellow River, strewn with vehicles crammed into each other. Cars, cargo trucks, lorries and other vehicles can be seen in the pileup.

In videos filmed from the ground, the air is still thick with fog. One clip shows a truck sliding forward, crashing into several smaller cars, as sirens ring in the distance.

Many drivers and passengers were trapped in their cars, according to The Global Times. Emergency response workers and fire rescuers were deployed to the scene, including personnel from the traffic and health departments.

One eyewitness told The Global Times the pileup stretched several kilometers long, and that moisture on the bridge made the road particularly slippery.

In some areas, visibility that morning was only 200 meters (about 656 feet), according to Reuters, citing the local meteorology agency. Several hours after the pileup, police had issued a warning for cars not to cross the bridge due to the fog.

“In the winter the temperature is low and there is often heavy fog,” traffic police posted on their official account on Weibo, China’s version of Twitter. It reminded drivers to slow down, use their lights, and to leave dangerous areas as quickly as possible.

The overpass connects Zhengzhou with the city of Xinxiang. Police shut down the bridge during rescue operations, with traffic resuming later that afternoon.

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China’s Zhengzhou, home to world’s largest iPhone factory, ends Covid lockdown


Hong Kong
CNN Business
 — 

The central Chinese city of Zhengzhou, home to the world’s largest iPhone factory, has lifted a five-day Covid lockdown, in a move that analysts have called a much-needed relief for Apple and its main supplier Foxconn.

Zhengzhou is the site of “iPhone City,” a sprawling manufacturing campus owned by Taiwanese contract manufacturer Foxconn that normally houses about 200,000 workers churning out products for Apple

(AAPL), including the iPhone 14 Pro and 14 Pro Max. Last Friday, the city locked down its urban districts for five days as Covid-19 cases surged there.

Foxconn’s massive facility is not part of the city’s urban districts. However, analysts say the lockdown would have been detrimental to efforts to restore lost production at the campus, the site of a violent workers’ revolt last week.

“This is some good news in a dark storm for Cupertino,” Daniel Ives, managing director of equity research at Wedbush Securities, told CNN Business, referring to the California city where Apple is based. “There is a lot of heavy lifting ahead for Apple to ramp back up the factories.”

Ives estimates the ongoing supply disruptions at Foxconn’s Zhengzhou campus were costing Apple roughly $1 billion a week in lost iPhone sales. The troubles started in October when workers left the campus in Zhengzhou, the capital of the central province of Henan, due to Covid-related fears. Short on staff, bonuses were offered to workers to return.

But protests broke out last week when the newly hired staff said management had reneged on their promises. The workers, who clashed with security officers, were eventually offered cash to quit and leave.

Analysts said Foxconn’s production woes will speed up the pace of supply chain diversification away from China to countries like India.

Ming-Chi Kuo, an analyst at TF International Securities, wrote on social media that he estimated iPhone shipments could be 20% lower than expected in the current October-to-December quarter. The average capacity utilization rate of the Zhengzhou plant was only about 20% in November, he said, and was expected to improve to 30% to 40% in December.

Total iPhone 14 Pro and 14 Pro Max shipments in the current quarter would be 15 million to 20 million units less than previously anticipated, according to Kuo. Due to the high price of the iPhone 14 Pro series, Apple’s overall iPhone revenue in the current holiday quarter could be 20% to 30% lower than investors’ expectations, he added.

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Asia-Pacific stocks mostly lower, Tokyo inflation at highest in 40 years; U.S. markets closed

Hong Kong movers: Casinos, technology stocks drop on rising China case numbers

Hong Kong-listed stocks related to reopening and technology fell in Asia’s morning session following reports of a surge of Covid cases in China.

Shares of casino operator MGM China fell more than 4%, Wynn Macau lost 2.5%, Sands China fell 3%, and SJM Holdings also lost 2.7%.

Technology stocks such as Tencent also dropped more than 3% in the morning session, Meituan lost 3.17% and Bilibili shed 4.36%.

– Jihye Lee

Tokyo core inflation hits highest levels in 40 years

Tokyo’s core consumer price index rose 3.6% in November on an annualized basis, more than the 3.5% expected in a Reuters poll.

The report marks the fastest annual pace Japan’s capital has seen since April 1982, and significantly above the Bank of Japan’s inflation target of 2%.

The capital’s reading indicates higher inflationary pressures have yet to be tamed. Nationwide inflation is hovering around similarly historic levels.

— Jihye Lee

CNBC Pro: Outperforming asset manager picks the stocks set to win as margins get squeezed

Patrick Armstrong, chief investment officer at Plurimi Wealth, believes margin squeeze is the ‘biggest risk’ for equities. But he thinks some stocks could beat the trend.

“Own sectors with defendable margins or that are creating margin squeeze elsewhere,” he added, naming the sectors and stocks he likes best.

Pro subscribers can read more here.

— Zavier Ong

CNBC Pro: UBS says recession in 2023 will be an inch deep but a mile wide — and that’s not priced into stocks

Global economic conditions will shift next year and that’s going to flip which markets and sectors underperform, according to the chief strategist of UBS Investment Bank.

“It’s an inch deep but it’s a mile wide,” he said of the expected recession. “Global growth is at 2% and that is not priced into stocks,” Bhanu Baweja told CNBC’s “Squawk Box Europe” Wednesday.

He also named which sectors he expects to outperform next year.

CNBC Pro subscribers can read more here.

Jenni Reid

Malaysian stocks rose after state palace announces prime minister

Malaysia-listed stocks closed higher on Thursday after the the state palace announced Anwar Ibrahim as the nation’s prime minister.

The benchmark KLCI index closed 4.04% higher following previous negative sessions, ending the session at the highest levels in more than two months.

Telecommunications group Axiata Group Bhd rose more than 12%, and Maxis Bhd rose 11%. Genting Malaysia climbed around 8% and rubber glove manufacturer Top Glove also gained 8% in the afternoon session.

The Malaysian ringgit strengthened slightly against the U.S. dollar and last stood at 4.5080.

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Foxconn protests: iPhone factory offers to pay its workers to quit and leave Zhengzhou campus


Hong Kong
CNN Business
 — 

Foxconn has offered to pay newly recruited workers 10,000 yuan ($1,400) to quit and leave the world’s largest iPhone assembly factory, in an attempt to quell protests that saw hundreds clash with security forces at the compound in central China.

The Apple supplier made the offer Wednesday following dramatic scenes of violent protests on its campus in Zhengzhou, the capital of Henan province, in a text message sent from its human resources department to workers.

In the message, seen by CNN, the company urged workers to “please return to your dormitories” on the campus. It also promised to pay them 8.000 yuan if they agreed to quit Foxconn, and another 2,000 yuan after they board buses to leave the sprawling site altogether.

The protest erupted on Tuesday night over the terms of the new hires’ payment packages and Covid-related concerns about their living conditions. Scenes turned increasingly violent on Wednesday as workers clashed with a large number of security forces, including SWAT team officers.

Videos circulating on social media showed groups of law enforcement officers clad in hazmat suits kicking and hitting protesters with batons and metal rods. Some workers were seen tearing down fences, throwing bottles and barriers at officers and smashing and overturning police vehicles.

The protest largely tailed off around 10 p.m. on Wednesday as workers returned to their dormitories, having received Foxconn’s payment offer and fearing a harsher crackdown by authorities, a witness told CNN.

The Zhengzhou plant was hit by a Covid outbreak in October, which forced it to lock down and led to a mass exodus of workers fleeing the outbreak. Foxconn later launched a massive recruitment drive, in which more than 100,000 people signed up to fill the advertised positions, Chinese state media reported.

According to a document setting out the salary package of new hires seen by CNN, the workers were promised a 3,000 yuan bonus after 30 days on the job, with another 3,000 yuan to be paid after a total of 60 days.

However, according to a worker, after arriving at the plant, the new recruits were told by Foxconn that they would only receive the first bonus on March 15, and the second installment in May – meaning they must work through the Lunar New Year holiday, which starts in January 2023, to get the first of the bonus payments.

“The new recruits had to work more days to get the bonus they were promised, so they felt cheated,” the worker told CNN.

In a statement Thursday, Foxconn said it fully understood the new recruits’ concerns about “possible changes in the subsidy policy,” which it blamed on “a technical error (that) occurred during the onboarding process.”

“We apologize for an input error in the computer system and guarantee that the actual pay is the same as agreed,” it said.

Foxconn was communicating with employees and assuring them that salaries and bonuses would be paid “in accordance with company policies,” it said.

Apple, for which Foxconn manufactures a range of products, told CNN Business that its employees were on the ground at the Zhengzhou facility.

“We are reviewing the situation and working closely with Foxconn to ensure their employees’ concerns are addressed,” it said in a statement.

On Thursday morning, some workers who had agreed to leave had received the first part of the payment, a worker said in a livestream, which showed workers lining up outdoors to take Covid tests while they waited for departing buses. Later in the day, livestreams showed long lines of workers boarding buses.

But for some, the trouble is far from over. After being driven to the Zhengzhou train station, many couldn’t get a ticket home, another worker said in a livestream on Thursday afternoon. Like him, thousands of workers were stuck at the station, he said, as he turned his camera to show the large crowds.

Zhengzhou is set to impose a five-day lockdown in its urban districts, which include the train station, starting from midnight Friday, authorities had announced earlier.

The protest started outside the workers’ dormitories on the sprawling Foxconn campus on Tuesday night, with hundreds marching and chanting slogans including “Down with Foxconn,” according to social media videos and a witness account. Videos showed workers clashing with security guards and fighting back tear gas fired by police.

The stand-off lasted into Wednesday morning. The situation quickly escalated when a large number of security forces, most covered in white hazmat suits and some holding shields and batons, were deployed to the scene. Videos showed columns of police vehicles, some marked with “SWAT,” arriving on the campus, normally home to some 200,000 workers.

More workers joined the protest after seeing livestreams on video platforms Kuaishou and Douyin, the Chinese version of TikTok, the worker told CNN. Many livestreams were cut or censored. Online searches for “Foxconn” in Chinese have been restricted.

Some protesters marched to the main gate of the production facility compound, which is located in a separate area from the workers’ dorms, in an attempt to block assembly work, the worker said.

Other protesters took the further step of breaking into the production compound. They smashed Covid testing booths, glass doors and advertising boards at restaurants in the production area, according to the worker.

Having worked at the Zhengzhou plant for six years, he said he was now deeply disappointed by Foxconn and planned to quit. With a baseline monthly salary of 2,300 yuan, he has been earning between 4,000 yuan to 5,000 yuan per month, including overtime pay, working 10 hours a day and seven days a week during the pandemic.

“Foxconn is a Taiwanese company,” he said. “Not only did it not spread Taiwan’s values of democracy and freedom to the mainland, it was assimilated by the Chinese Communist Party and became so cruel and inhumane. I feel very sad about it.”

Although he was not one of the new recruits, he protested with them in support, adding: “If today I remain silent about the suffering of others, who will speak out for me tomorrow?”

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Zhengzhou, China: Protesters at Foxconn factory clash with police, videos show


Beijing/Hong Kong
CNN Business
 — 

Workers at China’s largest iPhone assembly factory were seen confronting police, some in riot gear, on Wednesday, according to videos shared over social media.

The videos show hundreds of workers facing off with law enforcement officers, many in white hazmat suits, on the Foxconn campus in the central Chinese city of Zhengzhou. In the footage, now blocked, some of the protesters could be heard complaining about their pay and sanitary conditions.

The scenes come days after Chinese state media reported that more than 100,000 people had signed up to fill positions advertised as part of a massive recruitment drive held for Foxconn’s Zhengzhou plant.

Apple

(AAPL) has been facing significant supply chain constraints at the assembly facility and expects iPhone 14 shipments to be hit just as the key holiday shopping season begins. CNN has contacted the company for comment on the situation at the plant.

A Covid outbreak last month had forced the site to lock down, leading some anxious factory workers to reportedly flee.

Videos of many people leaving Zhengzhou on foot had gone viral on Chinese social media earlier in November, forcing Foxconn to step up measures to get its staff back. To try to limit the fallout, the company said it had quadrupled daily bonuses for workers at the plant this month.

On Wednesday, workers were heard in the video saying that Foxconn failed to honor their promise of an attractive bonus and pay package after they arrived to work at the plant. Numerous complaints have also been posted anonymously on social media platforms — accusing Foxconn of having changed the salary packages previously advertised.

In a statement in English, Foxconn said Wednesday that “the allowance has always been fulfilled based on contractual obligation” after some new hires at the Foxconn campus in Zhengzhou appealed to the company regarding the work allowance on Tuesday.

Workers were also heard in the videos complaining about insufficient anti-Covid measures, saying workers who tested positive were not being separated from the rest of the workforce.

Foxconn said in the English statement that speculation online about employees who are Covid positive living in the dormitories of the Foxconn campus in Zhengzhou is “patently untrue.”

“Before new hires move in, the dormitory environment undergoes standard procedures for disinfection, and it is only after the premise passes government check, that the new employees are allowed to move in,” Foxconn said.

Searches for the term “Foxconn” on Chinese social media now yield few results, an indication of heavy censorship.

“Regarding violent behaviors, the company will continue to communicate with employees and the government to prevent similar incidents from happening again,” Foxconn said in a statement in Chinese.

The Zhengzhou facility is the world’s largest iPhone assembly site. It typically accounts for approximately 50% to 60% of Foxconn’s global iPhone assembly capacity, according to Mirko Woitzik, global director of intelligence solutions at Everstream, a provider of supply chain risk analytics.

Apple warned earlier this month of the disruption to its supply chain, saying that customers will feel an impact.

“We now expect lower iPhone 14 Pro and iPhone 14 Pro Max shipments than we previously anticipated,” the tech giant said in a statement. “Customers will experience longer wait times to receive their new products.”

As of last week, the wait time for those models had reached 34 days in the United States, according to a report from UBS.

Public frustration has been mounting under China’s unrelenting zero-Covid policy, which continues to involve strict lockdowns and travel restrictions nearly three years into the pandemic.

Last week, that sentiment was on display as social media footage showed residents under lockdown in Guangzhou tearing down barriers meant to confine them to their homes and taking to the streets in defiance of strictly enforced local orders.

— Michelle Toh, Simone McCarthy, Wayne Chang, Juliana Liu, and Kathleen Magramo contributed to this report.

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Chinese cities brace for wave of Foxconn workers from COVID-hit Zhengzhou

BEIJING, Oct 30 (Reuters) – Cities in central China hastily drew up plans to isolate migrant workers fleeing to their hometowns from a vast assembly facility of iPhone maker Foxconn (2317.TW) in COVID-hit Zhengzhou, fearing they could trigger coronavirus outbreaks.

Zhengzhou, capital of central
Henan province, reported 167 locally transmitted COVID-19 cases in the seven days to Oct. 29, up from 97 infections in the prior seven-day period.

Apple (AAPL.O) supplier Foxconn, based in Taiwan, currently has about 200,000 workers at its Zhengzhou complex and has not disclosed the number of infected workers, but said on Sunday that it would not stop workers from leaving.

Late on Saturday, cities near Zhengzhou, including Yuzhou, Changge and Qinyang, urged Foxconn workers to report to local authorities in advance before heading home.

Returning workers are to travel “point-to-point” in pre-arranged vehicles and are to be quarantined on arrival, they said in separate letters on their respective social media accounts addressed to Zhengzhou Foxconn workers.

Under China’s ultra-strict zero-COVID policy, cities are mandated to act swiftly to quell any outbreaks, with measures that could include full-scale lockdowns. On Oct. 19, Foxconn banned all dine-in at canteens and required workers to take their meals in their dormitories.

“The government agreed to resume dine-in meals to improve the convenience and satisfaction of employees’ lives,” Foxconn told Reuters in an emailed reply to queries on Sunday.

“At the same time, for some employees who want to return home, the (plant) is cooperating with the government to organise personnel and vehicles to provide a point-to-point orderly return service for employees from today.”

Disruptions from China’s COVID policies to commerce and industry have intensified in recent weeks as cases multiplied. Shanghai Disneyland said on Saturday it would operate at reduced capacity. On Wednesday, Universal Beijing Resort was suspended after the visit of one infected individual.

“We are very aware that under the current situation, it is a protracted battle,” Foxconn said.

But the situation was gradually coming under control, it said, and Foxconn would coordinate back-up production capacity with its other plants to reduce any potential impact.

Apple did not immediately reply to a Reuters request for comment on the Foxconn situation.

‘I COULDN’T HELP BUT FEEL SAD’

Foxconn did not respond to Reuters questions on how many cases had been detected at its Zhengzhou plant and how many workers had left.

Photographs and videos circulating on Chinese social media since Saturday showed Foxconn workers, apparently returning home, trekking across fields in the day and along roads at night. Reuters could not immediately verify the authenticity of the posts.

In a show of support, residents in the vicinity left bottled water and provisions next to roads with signs such as: “For Foxconn workers returning home”, according to social media posts.

“Some people were walking amid wheat fields with their luggage, blankets and quilts,” wrote a user of WeChat in a post about the social media images.

“I couldn’t help but feel sad.”

Reporting by Ryan Woo and Ziyi Tang; Editing by Edmund Klamann and Nick Macfie

Our Standards: The Thomson Reuters Trust Principles.

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Zhengzhou, Henan protests: China crushes mass demonstration by bank depositors demanding their life savings back

Anguished depositors have staged several demonstrations in the city of Zhengzhou, the provincial capital of Henan, over the past two months, but their demands have invariably fallen on deaf ears.

On Sunday, more than 1,000 depositors from across China gathered outside the Zhengzhou branch of the country’s central bank, the People’s Bank of China, to launch their largest protest yet, more than half a dozen protesters told CNN.

The demonstration is among the largest China has seen since the pandemic, with domestic travel limited by various Covid restrictions on movement. Last month, Zhengzhou authorities even resorted to tampering with the country’s digital Covid health-code system to restrict the movements of depositors and thwart their planned protest, sparking a nationwide outcry.

This time, most protesters arrived outside the bank before dawn — some as early as 4 a.m. — to avoid being intercepted by authorities. The crowd, which includes the elderly and children, occupied a flight of imposing stairs outside the bank, chanting slogans and holding up banners.

“Henan banks, return my savings!” they shouted in unison, many waving Chinese flags, in videos shared with CNN by two protesters.

Using national flags to display patriotism is a common strategy for protesters in China, where dissent is strictly suppressed. The tactic is meant to show that their grievances are only against local governments, and that they support and rely on the central government to seek redress.

“Against the corruption and violence of the Henan government,” a banner written in English read.

A large portrait of late Chinese leader Mao Zedong was pasted on a pillar at the entrance of the bank.

Across the street, hundreds of police and security personnel — some in uniforms and others in plain clothes — assembled and surrounded the site, as protesters shouted “gangsters” at them.

Violent crackdown

The face-off lasted for several hours until after 11 a.m., when rows of security officers suddenly charged up the stairs and clashed with protesters, who threw bottles and other small objects at them.

The scene quickly descended into chaos, as security officers dragged protesters down the stairs and beat those who resisted, including women and the elderly, according to witnesses and social media videos.

One woman from eastern Shandong province told CNN she was pushed to the ground by two security guards, who twisted and injured her arm. A 27-year-old man from the southern city of Shenzhen, surnamed Sun, said he was kicked by seven or eight guards on the ground before being carried away. A 45-year-old man from the central city of Wuhan said his shirt was completely torn at the back during the scuffle.

Many said they were shocked by the sudden burst of violence by the security forces.

“I did not expect them to be so violent and shameless this time. There was no communication, no warning before they brutally dispersed us,” said one depositor from a metropolis outside Henan who had protested in Zhengzhou previously, and who requested CNN conceal his name due to security concerns.

“Why would government employees beat us up? We’re only ordinary people asking for our deposits back, we did nothing wrong,” the Shandong woman said.

The protesters were hurled onto dozens of buses and sent to makeshift detention sites across the city — from hotels and schools to factories, according to people taken there. Some injured were escorted to hospitals; many were released from detention by the late afternoon, the people said.

CNN has reached out to the Henan provincial government for comment.

The Zhengzhou Business District Police Station — which has jurisdiction over the protest site — hung up on CNN’s call requesting comment.

Late on Sunday night, the Henan banking regulator issued a terse statement, saying “relevant departments” were speeding up efforts to verify information on customer funds at the four rural banks.

“(Authorities) are coming up with a plan to deal with the issue, which will be announced in the near future,” the statement said.

Shattered lives

The protest comes at a politically sensitive time for the ruling Communist Party, just months before its leader Xi Jinping is expected to seek an unprecedented third term at a key meeting this fall.

Large-scale demonstrations over lost savings and ruined livelihoods could be perceived as a political embarrassment for Xi, who has promoted a nationalistic vision of leading the country to “great rejuvenation.”

Henan authorities are under tremendous pressure to stop the protests. But depositors remain undeterred. As the issue drags on, many have become ever more desperate to recover their savings.

Huang, the depositor from Wuhan, lost his job in the medical cosmetology industry this year, as businesses struggled in the pandemic. Yet he is unable to withdraw any of his life savings — of over 500,000 yuan ($75,000) — from a rural bank in Henan.

“Being unemployed, all I can live on is my past savings. But I can’t even do that now — how am I supposed to (support my family)?” said Huang, whose son is in high school.

Sun, from Shenzhen, is struggling to keep his machine factory from bankruptcy after losing his deposit of 4 million yuan ($597,000) to a Henan bank. He can’t even pay his more than 40 employees without the funds.

Sun said he was covered in bruises and had a swollen lower back after being repeatedly stomped by security guards at the protest.

“The incident completely overturned my perception of the government. I’ve lived all my life placing so much faith in the government. After today, I’ll never trust it again,” he said.

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Zhengzhou, Henan protests: China crushes mass demonstration by bank depositors demanding their life savings back

Anguished depositors have staged several demonstrations in the city of Zhengzhou, the provincial capital of Henan, over the past two months, but their demands have invariably fallen on deaf ears.

On Sunday, more than 1,000 depositors from across China gathered outside the Zhengzhou branch of the country’s central bank, the People’s Bank of China, to launch their largest protest yet, more than half a dozen protesters told CNN.

The demonstration is among the largest China has seen since the pandemic, with domestic travel limited by various Covid restrictions on movement. Last month, Zhengzhou authorities even resorted to tampering with the country’s digital Covid health-code system to restrict the movements of depositors and thwart their planned protest, sparking a nationwide outcry.

This time, most protesters arrived outside the bank before dawn — some as early as 4 a.m. — to avoid being intercepted by authorities. The crowd, which includes the elderly and children, occupied a flight of imposing stairs outside the bank, chanting slogans and holding up banners.

“Henan banks, return my savings!” they shouted in unison, many waving Chinese flags, in videos shared with CNN by two protesters.

Using national flags to display patriotism is a common strategy for protesters in China, where dissent is strictly suppressed. The tactic is meant to show that their grievances are only against local governments, and that they support and rely on the central government to seek redress.

“Against the corruption and violence of the Henan government,” a banner written in English read.

A large portrait of late Chinese leader Mao Zedong was pasted on a pillar at the entrance of the bank.

Across the street, hundreds of police and security personnel — some in uniforms and others in plain clothes — assembled and surrounded the site, as protesters shouted “gangsters” at them.

Violent crackdown

The face-off lasted for several hours until after 11 a.m., when rows of security officers suddenly charged up the stairs and clashed with protesters, who threw bottles and other small objects at them.

The scene quickly descended into chaos, as security officers dragged protesters down the stairs and beat those who resisted, including women and the elderly, according to witnesses and social media videos.

One woman from eastern Shandong province told CNN she was pushed to the ground by two security guards, who twisted and injured her arm. A 27-year-old man from the southern city of Shenzhen, surnamed Sun, said he was kicked by seven or eight guards on the ground before being carried away. A 45-year-old man from the central city of Wuhan said his shirt was completely torn at the back during the scuffle.

Many said they were shocked by the sudden burst of violence by the security forces.

“I did not expect them to be so violent and shameless this time. There was no communication, no warning before they brutally dispersed us,” said one depositor from a metropolis outside Henan who had protested in Zhengzhou previously, and who requested CNN conceal his name due to security concerns.

“Why would government employees beat us up? We’re only ordinary people asking for our deposits back, we did nothing wrong,” the Shandong woman said.

The protesters were hurled onto dozens of buses and sent to makeshift detention sites across the city — from hotels and schools to factories, according to people taken there. Some injured were escorted to hospitals; many were released from detention by the late afternoon, the people said.

CNN has reached out to the Henan provincial government for comment.

The Zhengzhou Business District Police Station — which has jurisdiction over the protest site — hung up on CNN’s call requesting comment.

Late on Sunday night, the Henan banking regulator issued a terse statement, saying “relevant departments” were speeding up efforts to verify information on customer funds at the four rural banks.

“(Authorities) are coming up with a plan to deal with the issue, which will be announced in the near future,” the statement said.

Shattered lives

The protest comes at a politically sensitive time for the ruling Communist Party, just months before its leader Xi Jinping is expected to seek an unprecedented third term at a key meeting this fall.

Large-scale demonstrations over lost savings and ruined livelihoods could be perceived as a political embarrassment for Xi, who has promoted a nationalistic vision of leading the country to “great rejuvenation.”

Henan authorities are under tremendous pressure to stop the protests. But depositors remain undeterred. As the issue drags on, many have become ever more desperate to recover their savings.

Huang, the depositor from Wuhan, lost his job in the medical cosmetology industry this year, as businesses struggled in the pandemic. Yet he is unable to withdraw any of his life savings — of over 500,000 yuan ($75,000) — from a rural bank in Henan.

“Being unemployed, all I can live on is my past savings. But I can’t even do that now — how am I supposed to (support my family)?” said Huang, whose son is in high school.

Sun, from Shenzhen, is struggling to keep his machine factory from bankruptcy after losing his deposit of 4 million yuan ($597,000) to a Henan bank. He can’t even pay his more than 40 employees without the funds.

Sun said he was covered in bruises and had a swollen lower back after being repeatedly stomped by security guards at the protest.

“The incident completely overturned my perception of the government. I’ve lived all my life placing so much faith in the government. After today, I’ll never trust it again,” he said.

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China flooding: Heavy floods kill at least 12 in Zhengzhou and strand thousands in Henan province

At least 12 people have been confirmed dead in Zhengzhou, the provincial capital, where more than 20 centimeters (7.8in) of rain fell in one hour on Tuesday, according to the meteorological observatory.

It is not clear how many people were trapped on the subway and rescue efforts remain ongoing across Zhengzhou, a city of 12.6 million on the banks of the Yellow River.

More than 100,000 people have so far been evacuated from low-lying areas of the city, with thousands of emergency personnel deployed to assist in the effort, according to state-run media.

All of the bodies recovered were taken from the city’s subway system, according to authorities.

Footage broadcast by state news agency Xinhua and shared widely online shows passengers in Zhengzhou trapped inside a flooded subway car, packed tightly together as the water climbs higher. Outside the window, dark floodwater rips past, surging down the subway tracks.
The city’s subway system, which contains seven lines and 153 stations, suspended all operations after the incident, according to provincial authorities.
More than 160 trains also stopped service in the city’s railway station, stranding a large number of passengers, according to Xinhua.

Other videos show residents on the street, water up to their hips, working desperately to pull out people trapped in an underground mall using ropes. One clip shared by state-run paper People’s Daily shows motorists on a road making a human chain, to prevent being swept away by the current as they struggle through rushing water.

The heavy rains also caused power outages across the city. One hospital in Zhengzhou, housing nearly 10,000 patients including more than 600 in critical condition, faced an hours-long blackout Tuesday.

Though the rains have since eased, problems are likely to persist, as dams and reservoirs reach capacity. In the early hours of Wednesday morning, the Guojiaju dam near the city collapsed, according to public broadcaster CCTV.
And in Yichun county, a brigade of the Chinese military raced to blast a dam and divert the floods at the request of county authorities, according to state-run media CGTN.
More than 6,000 firefighters, and nearly 2,000 members of the police and Chinese military, have been deployed for search and rescue operations, according to CGTN. Footage from the ground shows soldiers and emergency teams rescuing residents on rafts and clearing toppled power lines.

Though flooding during the summer months is an annual occurrence in parts of China, recent record breaking rains have alarmed scientists and officials, raising questions as to whether the country is prepared to deal with more extreme and unpredictable weather.

A report released last week by Greenpeace warned that major metropolitan regions around Beijing, Shanghai and Guangzhou-Shenzhen were facing high risk from extreme heat and rainfall — and the danger is growing fast for urbanizing communities on city outskirts.

According to the report, Beijing has seen the fastest rise in average temperature with an increase of 0.32 degrees Celsius every 10 years. Guanzhou-Shenzhen has experienced 98 heat waves since 1961 — the majority of which have taken place in the past two decades.

Meanwhile, rainfall is much more volatile, swinging from highs to lows. The report said if global greenhouse emissions peak around 2040, some parts of China like Shanghai would experience a more than 25% increase in extreme rainfall — while other areas, like northwestern Guangzhou-Shenzhen, would see more drought.



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Foxconn says iPhone factory not impacted

Vehicles are stranded in floodwater near Zhengzhou Railway Station on July 20, 2021 in Zhengzhou, Henan Province of China.

Zhu Zhe | Visual China Group | Getty Images

GUANGZHOU, China — Taiwan electronics manufacturer Foxconn said Wednesday that its factory in Zhengzhou — known as the world’s largest iPhone assembly plant — has not been impacted by major flooding in the city.

Zhengzhou in China’s central Henan province has been hit with torrential rain. Authorities said it rained more in an hour on Tuesday than it normally would in an average month.

The result has been intense flooding in the city of more than 10 million people. Over 100,000 people have been relocated to safety and 12 people have died, according to state media reports.

Zhengzhou, an important industrial hub, is home to a major factory run by Hon Hai Precision Industry, also known a Foxconn. It is the biggest assembly plant for Apple’s iPhones in the world. Foxconn said its operations had not been affected by the flooding.

Foxconn told CNBC that it had “activated an emergency response plan for flood control measures in that location.”

“We can confirm that there has been no direct impact on our facility in that location to date and we are closely monitoring the situation and will provide any updates as appropriate,” a company spokesperson added.

Apple did not respond to a request for comment.

‘Extremely severe’

Chinese President Xi Jinping called the flooding “extremely severe,” according to his comments published by the official Xinhua news agency.

Unverified videos circulating on Chinese social media such as Twitter-like service Weibo, showed people trapped on a train in Zhengzhou’s subway system submerged in water up to their chests.

Other images show cars floating in flooded streets.

Policemen evacuate traffic in floodwater near Zhengzhou Railway Station on July 20, 2021 in Zhengzhou, Henan Province of China.

Zhu Zhe | Visual China Group | Getty Images

Zhengzhou’s subway network has suspended its operations while hundreds of flights have been cancelled. The army has been called in to help with the rescue efforts.

Various state media reported stories of rescue efforts including 150 kindergarten teachers and students being successfully saved and people being taken off buses stuck in flooded roads.

State-backed newspaper Xinhua, citing the chief forecaster for Henan province’s meteorological station, said the heavy rainfall is expected to last until Wednesday evening.

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