ABC poised to get bailout

China is weighing up a capital injection for Agricultural Bank of China, the central bank governor has confirmed. Zhou Xiaochuan told reporters at the National People’s Congress, �We are studying the issue.� The state-owned bank is the only one of the Big Four not to have received a government bailout package. ABC was saddled with US$91.73 billion in non-performing loans at the end of 2005 – a ratio of 26.31%, compared to 26.73% a year earlier. Zhou also reaffirmed that China would not be rushed into allowing the yuan to appreciate further by pressure from the United States. He said current fluctuations are appropriate, and that he will discuss bilateral issues with the US at a World Bank and International Monetary Fund meeting in April.