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Govt ploughs $19b into Agricultural Bank of China
By Wang Xu (China Daily/CFP)
Updated: 2008-10-23 10:20

Pan Gongsheng, Vice-President of Agricultural Bank of China (ABC) answers a question from a reporter after a press confrence in Beijing Wednesday October 22, 2008. Pan said the bank will receive $19 billion from the government, the first step toward its planned initial public offering. [CFP]