Mon, Dec 11, 2006 - Page 12 News List

Index likely to correct on election split

SHORT-TERM DECLINE Disappointment over the KMT's loss in the south could affect China-concept stocks, leading to a weak or neutral market performance, analysts say

By Jackie Lin  /  STAFF REPORTER

"I don't think we as a chamber particularly have any concerns regarding the economic situation based upon the mayoral elections in Kaohsiung and Taipei," Ralf Scheller, chairman of the European Chamber of Commerce Taipei (ECCT), said last week.

He said ECCT has enjoyed good cooperation with both Taipei and Kaohsiung city governments and that the relations would not change no matter who won the elections.

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