This Day, That Year
By Liu Weiling | China Daily | Updated: 2015-01-29 07:58
Item from Jan 29, 1995, in China Daily: The first foreign-made armoured vehicles to transport cash and valuables arrived in Beijing recently from the United States and Germany. They will help the country cope with fast growth in money transportation ... The 100 armoured vehicles, adorned with the Bank of China logo, will soon be rolling near 50 BOC branches in major cities.
China started using customized vans for transporting cash in the 1990s.
From 1997 to 1998, the government rolled out a large number of armoured vans to transport cash for banks nationwide, fueling a sizable market for the vehicles.
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