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Main Disturbing Factor Gone: China Markets

BSCAL

Chinas financial markets breathed a sigh of relief on Thursday as the death of paramount leader Deng Xiaoping removed a major element of uncertainty that had overshadowed them for years, analysts said.

The single most sensitive and volatile factor for the markets in and around China in recent years had been the health of Deng. Suddenly, its not there any more.

The official announcement has finally removed the main disturbing factor in the markets for the past few years,

 

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First Published: Feb 21 1997 | 12:00 AM IST

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