China's Premier Li Said Will Promote Deep Integration Of Digital Technology And Real Economy
Portfolio Pulse from Charles Gross
China's Premier Li has announced plans to promote the deep integration of digital technology and the real economy, according to Reuters citing state media. The iShares China Large-Cap ETF (FXI) could be impacted by this news.
August 21, 2023 | 11:11 am
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POSITIVE IMPACT
The iShares China Large-Cap ETF (FXI) could be influenced by China's plans to integrate digital technology with the real economy.
As China's Premier Li plans to integrate digital technology with the real economy, companies within the iShares China Large-Cap ETF (FXI) that are involved in digital technology could potentially benefit. This could lead to an increase in the ETF's value.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75