This Year’s Drop of China ETFs

Jesse Emspak of Investor’s Business Daily offers reasons for the decrease in China ETFs in his recent article, “U.S. Slowdown Shows in Drop of China ETFs”.

The iShares FTSE/Xinhua25 (FXI) is down 22.74% since the start of the year. SPDRs S&P China (GXC) and Powershares Golden Dragon Halter USX (PGJ) have faced similar losses.

The article highlights a stronger yuan, a weakening U.S. consumer confidence, and increased Chinese inflation as key reasons for the drop of China ETFs. For more information, you can view the entire article by clicking here.

Be Sociable, Share!

, ,

Powered by WordPress. Designed by Woo Themes