JPMorgan sees China deals heating up after party congress

Da Nang, Vietnam

CHINA is poised for an acceleration of deals as confidence grows in the wake of last month's Communist Party gathering and as the nation opens up to reforms.

Deal-making activity will pick up now that the country's 19th Party Congress is over, ending a wait-and-see period leading up to the event, said Carl Chien, JPMorgan Chase & Co Asia-Pacific vice chairman. Look for increased activity in the tourism and airline sectors, he said.