China Politburo Said Economic Recovery Will Be Tortuous
Portfolio Pulse from Charles Gross
China's Politburo has stated that the country's economic recovery will be a difficult process, according to Reuters. This could potentially impact the iShares China Large-Cap ETF (FXI).
July 24, 2023 | 9:31 am
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The iShares China Large-Cap ETF (FXI) could be impacted by China's difficult economic recovery process.
The iShares China Large-Cap ETF (FXI) tracks the performance of an index composed of large-cap Chinese equities. If China's economic recovery is difficult, it could negatively impact the performance of these equities, and therefore the ETF.
CONFIDENCE 85
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