As the bond market starts its slow implosion, ETF's like FXI should be seeing more inflows. FXI has been bouncing back and forth between $31 and $48 for 6 years now, with the exception of 2007 peak ($70), and the 2008 collapse ($20). Given that China will re-surface from the current slowdown, the current trading range ($31-$48) could be a good base for position build-up. Excellent yields make the waiting worthwhile for long-term investors. Premiums (P/E below 10, P/S below 1!) are definitely on the cheap side - even if you consider "slow" growth environment as the permanent one.
~Penguins Golden Egg~