Reported Earlier, China Industrial Production Year to Date (YoY) For May 6.2% Vs. 6.3% Prior
Portfolio Pulse from Benzinga Newsdesk
China's industrial production year-to-date (YoY) for May was reported at 6.2%, slightly down from the previous 6.3%.
June 17, 2024 | 5:14 am
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NEUTRAL IMPACT
The iShares China Large-Cap ETF (FXI) may experience slight volatility due to the marginal decrease in China's industrial production growth rate from 6.3% to 6.2%.
The slight decrease in industrial production growth is not significant enough to cause major market movements but may lead to minor fluctuations in FXI.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80