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Chinese Tech ETF Bleeds as the U.S. Tariff Fight Brings the Pain

Bloomberg
Chinese Tech ETF Bleeds as the U.S. Tariff Fight Brings the Pain

The tit-for-tat tariff dispute between the U.S. and China is taking a toll on the biggest Chinese exchange-traded fund tracking technology. Investors have pulled $221 million from the $1.2 billion KraneShares CSI China Internet Fund, or KWEB, over the past two weeks as its share price has plummeted more