China shares hit 13-year high on reforms and COVID success

Benchmark index responding to signs of economic rebound despite US tensions

20210105 China stock markets

Chinese shares are expected to continue surging despite uncertainty over debt levels and tensions with the U.S. © Reuters

NARAYANAN SOMASUNDARAM, Nikkei Asia chief banking and financial correspondent

HONG KONG -- China's main stock market index closed at a 13-year high on Tuesday, helped by an economic resurgence after the nation managed to control the coronavirus pandemic and by market reforms that attracted foreign capital.

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