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Will Year of the Goat bring out the market bulls in China?

Moves to ease liquidity, Beijing's recognition of the link between governance and economic growth and its war on corruption could help.

OF GOATS AND BULLS: Goat-themed decorations being put up in Taoranting Park in Beijing last week ahead of the Chinese New Year. Investors in China see no reason why there might not be a bull run on the Goat's watch.

CHINESE equities had a resurgence in 2014, driven primarily by improved domestic sentiment. Since mid-2014, the government, through the People's Bank of China (PBOC), has been taking measures to ease short-term interbank liquidity and lower the borrowing cost of companies, especially the small