Hong Kong protesters are calling for massive ATM withdrawals in an economic warning to China

Thomas Peter / Reuters

• Hong Kong protesters are trying something new on August 16 — withdrawing their money from banks or converting it to US dollars. 
• Protesters are hoping to protect their assets in case of further Chinese intervention and show the People's Republic of China and Hong Kong Chief Executive Carrie Lam that there will be economic consequences for ignoring protesters' appeals.
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Hong Kong protesters have come up with a new nonviolent protest tactic — taking all their money out of ATMs and banks to send a message to the People's Republic of China and Hong Kong Chief Executive Carrie Lam. 

On August 16, Hong Kong protesters plan to withdraw as much money as possible from their banks or change their currency into US dollars, both to protect their own assets and to show the mainland that the semiautonomous island is more than just a cash cow.

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See Also:

• China bars US warships from making port call in Hong Kong as tensions mount amid continued protests
• Videos show a massive procession of Chinese military vehicles gathering along the Hong Kong border as China mulls over its next move in response to protests
• Beijing condemns 'radical Hong Kong protesters' as state media releases videos of armed police and armored vehicles assembling nearby

SEE ALSO: Hong Kong will become another Tiananmen Square if China's army comes, a protest leader warns

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