China's Cabinet Discussed Policy Measures To Promote Economic Improvements; Said Overall Economic Operation Is Recovering
Portfolio Pulse from Charles Gross
China's cabinet discussed policy measures to promote economic improvements, stating that the overall economic operation is recovering, according to Reuters citing state media.

June 16, 2023 | 11:11 am
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POSITIVE IMPACT
China's cabinet discussion on policy measures to promote economic improvements may positively impact the iShares China Large-Cap ETF (FXI).
The news of China's cabinet discussing policy measures to promote economic improvements indicates a positive outlook for the country's economy. As FXI tracks the performance of large-cap Chinese stocks, a recovering economy may lead to an increase in the value of these stocks, thus positively impacting the ETF.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80