CHINA

Deng Favors Stock Markets, Paper Reports: China’s paramount leader Deng Xiaoping has said his country should push ahead with experimental stock markets and can close them if they prove to be a mistake, an official newspaper reported. “Securities, stock markets--whether they are good or not, risky or not, exclusive to capitalism or not, remain to be seen,” the southern Shenzhen Special Zone Daily quoted Deng as saying. “But we must try . . . to go further if they prove to be right in one to two years, or if wrong, just shut them down.”