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Financial reforms may gain new momentum after departure Policymakers will have room to push a liberal approach to stock markets up the agenda, say analysts.

Asia Africa Intelligence Wire

| September 21, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From South China Morning Post)

Byline: Andrew K. Collier in Beijing

Jiang Zemin's retirement could quicken the pace of financial reform as policymakers become emboldened to take new risks.

Measures that have stumped top leaders are likely to move to the top of the reform agenda. These could include the trading of shares and better corporate governance in state-owned companies and a more liberal approach to allowing local companies sell shares to the public.

"I think it's good for market reforms in the future because the central government can conduct more reform policies at all levels of government," said Chen Dong , an analyst with China …

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