China Vice Premier Urges Deepening State Firm Reforms
Portfolio Pulse from Benzinga Newsdesk
China's Vice Premier has urged for deepening state firm reforms, according to Xinhua. The potential impact on the iShares China Large-Cap ETF (FXI) is unclear.

July 18, 2023 | 12:58 pm
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China's Vice Premier has called for deeper state firm reforms. The impact on the iShares China Large-Cap ETF (FXI) is uncertain at this time.
The news about China's Vice Premier urging for deeper state firm reforms could potentially impact the iShares China Large-Cap ETF (FXI), which tracks the investment results of an index composed of large-capitalization Chinese equities. However, without specific details on the reforms and their potential effects, it's difficult to predict the exact impact on FXI.
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