Industrial a Commercial Bank of China Ltd.: People wearing white masks with the words despicable bank and pay back our money were among at least 30 investors facing special-forces officers in dark uniforms in Taiyuan city, about 521 kilometers 324 miles southwest of Beijing. The nations second-largest bank is the custodian of the Songhuajiang River No. 77 trust, which missed six payments as of last month, according to the Economic Observer, according to Business Week. The unrest underscores the stress in Chinas $1.75 trillion trust industry as loans sour in an economy that grew at the slowest pace in six quarters. A product distributed by Industrial a Commercial Bank of China Ltd. 1398 to raise funds for a troubled coal miner was bailed out in January to avert what would have been the first trust default in at least a decade. Bank Meeting Chinese investors demanding their money back from a troubled 973 million-yuan $156 million high-yield product in Shanxi province were confronted by police in front of a China Construction Bank Corp. 939 branch. We have been cheated by CCB, said Wang Fengying, 60, a Shanxi resident who said her husband had invested 1 million yuan in the product. Our parents are very old. We need the money for their medical bills and to buy a home for my child. We are so miserable and they wont even let us demand our money back.
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