China woes won't hit Isle of Man

Market crash effect "minimal" - minister

Could economic turmoil in China undermine Manx efforts to attract business here from the far east country?

Economic Development Minister Laurence Skelly says not – because our efforts don’t hinge on the behaviour of stock markets.

In recent days, shares in Beijing have dropped significantly – up to eight and a half per cent in a single day.

But Mr Skelly says that won’t stop his department marketing to potential Chinese investors: