China stocks rise as policy fears ease

Mainland Chinese shares have outperformed of late, as the fears about global growth and sovereign debt that have hammered other Asian equity markets have only served to heighten expectations that Chinese monetary policy won’t be further tightened any time soon.

With signs that the Chinese economy is already slowing, some strategists believe that the People’s Bank of China won’t significantly tighten policy in the near future, much to the relief of domestic investors