iShares China Large-Cap ETF: Bearish With Macro Weakness And Yuan Downside
China’s Q3 y/y GDP of 6.0percent was the weakest since 1992, highlighting decelerating economic problems. Yuan has depreciated beyond 7.00 a USD amount and highlights currency risks in the FXI ETF. We expect weakness in China to persist through 2020, representing pressures on Chinese shares and FXI. The iShares China Large-Cap ETF …
News story posted on 2019-10-21T06:11:00.0000000Z
