China Says Time Is Ripe for Small-Stock Market.

The article reports that stock prices in China are competing and companies are delaying initial public offerings of stock. According to government officials, the timing is right to establish a market that will give opportunities for small companies to sell stock and raise money. Premier Wen Jiabao reportedly included starting a growth enterprise market (GEM) in his list of the government's economic aims for 2008. It is noted that stock markets dedicated to small companies have been prone to abuses.