'Alberta Government Calls Off Partnership With Chinese Private Equity Fund'
Portfolio Pulse from Happy Mohamed
The Alberta government has ended its partnership with a Chinese private equity fund. The decision could potentially impact the trade relations between Alberta and China.
June 29, 2023 | 3:47 pm
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NEGATIVE IMPACT
The termination of the partnership between Alberta and the Chinese private equity fund could potentially impact the performance of the iShares MSCI Canada ETF (EWC), given its exposure to the Canadian economy.
The iShares MSCI Canada ETF (EWC) tracks the performance of the Canadian economy. The termination of the partnership could potentially lead to a decrease in trade between Alberta and China, which could negatively impact the Canadian economy and, by extension, the performance of EWC.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The termination of the partnership between Alberta and the Chinese private equity fund could potentially impact the performance of the iShares China Large-Cap ETF (FXI), given its exposure to the Chinese economy.
The iShares China Large-Cap ETF (FXI) tracks the performance of the Chinese economy. The termination of the partnership could potentially lead to a decrease in trade between Alberta and China, which could negatively impact the Chinese economy and, by extension, the performance of FXI.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70