China's Parliament Set To Approve Issuance Of Extra Sovereign Debt Worth Slightly Over ¥1T On Tuesday
Portfolio Pulse from Benzinga Newsdesk
China's parliament is set to approve the issuance of extra sovereign debt worth slightly over ¥1T on Tuesday, according to Reuters. This could potentially impact the iShares China Large-Cap ETF (FXI).

October 23, 2023 | 12:30 pm
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The approval of extra sovereign debt by China's parliament could potentially impact the iShares China Large-Cap ETF (FXI).
The issuance of extra sovereign debt by China could potentially impact the country's economy, which in turn could affect the performance of the iShares China Large-Cap ETF (FXI). However, the exact impact is uncertain and will depend on various factors, including the market's reaction to the news.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 75