Financial regulators in Henan said 'advance payments' will be made in batches from this Friday.
Authorities in China's Henan province say they will start releasing money to customers who have had their funds frozen by several rural banks.Payments will be made in batches from this Friday, local regulators say.
"If the combined amount of a single institution is more than 50,000 yuan, the advance payment will be made successively, and the advance payment arrangement will be announced separately."China Covid app restricts residents after protestsOne person posted on Weibo: "I'm shocked by shameless Henan government. That's our saving.
One protester, who had travelled to Henan for the demonstration, told BBC Chinese about the protestors being attacked. The police said the suspects were believed to have controlled a number of banks in the province through a parent company.
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