Is China insulated from the World Trade Centre Attack?

Will chaos in the US following the terrorist attack on the World Trade Center impact China? Analysts are divided

Markets usually recover pretty fast from catastrophes like these. The US is going to ensure there is enough liquidity in the system, and China's economy is relatively insulated, comments Sean Xu, managing director at Beijing-based investment bank China International Capital Corporation CICC.

Such is the view from China on what America is terming the 'first war of the 21st century'.

The impact of the terrorist attack on New York and Washington earlier this week has been minimized by China's closed capital account, say analysts, and the country's relatively self-contained domestic market. 

Investors are not free to buy mainland-listed companies, apart from the hard currency B-shares, which are usually issued by companies...

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