Beijing will inject US$15bn into the country's largest bank, the Industrial and Commercial Bank of China, an amount well under the US$22.5bn bailout given two other state-owned lenders, the Bank of China and China Construction Bank, state media reported, without citing reasons for the disparity. ICBC, which was in worse shape than the other two banks, is widely believed to need as much as US$50bn for its bailout.
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