A passbook savings account uses a passbook to record transactions. When you open an account, you receive this notebook from your bank. Passbooks tend to be roughly the size of a U.S. passport.

Chinese authorities on Sunday violently dispersed a peaceful protest by hundreds of depositors, who sought in vain to demand their life savings ... bank, the People’s Bank of China, to launch ...

China's central bank, the People's Bank of China, recently released data saying aggregate bank savings increased by 26.3 trillion yuan ($3.92 trillion) in 2022, including 17.8 trillion yuan of ...

One Weibo user in the southwestern Sichuan province confessed to having $0.14 in savings. Another Weibo user in Anhui, eastern China, said they had $21.29 in their bank account — and that was ...