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What is the thawing of national assets?
"unfreezing national assets" is a long-standing fraud method, which does have its historical background. 1979 in may, the governments of China and the United States signed the agreement between the government of People's Republic of China (PRC) and the government of the United States on solving the problem of asset claims. According to this agreement, the assets of Chinese mainland residents and units frozen by the US government will be completely unfrozen by the US government on June 20, 2006. However, since then, some lawless elements have put on the cloak of "unfreezing assets" to conduct fraud activities, and fabricated a cover fraud that could cash in huge national assets that year. In view of this situation, from June 1979 to February 1980, the People's Bank of China issued three consecutive documents, insisting on stopping such fraudulent activities.
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