|Bid||17.50 x 100|
|Ask||21.25 x 100|
|Day's Range||17.79 - 17.98|
|52 Week Range||11.09 - 18.15|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.65%|
A solid improvement in China’s (FXI) service sector in May 2017 provided a much-needed support, as its economy currently struggles with its manufacturing sector.
Despite some worries lately, the burgeoning middle class in China is a force to be reckoned with on the global stage. In the short time since Deng Xiaoping's economic reforms, China has become home to the largest middles class on Earth, with over 225 million households now in this category.
Retail sales of consumer goods totaled 8.5 trillion yuan (~$1.3 trillion) in 1Q17, according to the National Bureau of Statistics.
President-elect Donald Trump has targeted the "One China" policy, and the Chinese government has responded with a strong diplomatic protest. Could the dissolution of U.S. and Chinese diplomacy cause severe economic consequences for the Asian powerhouse?
This article is part of a regular series of thought leadership pieces from some of the more influential ETF strategists in the money management industry. Today's article is by Linda Zhang, co-founder of Women In ETFs, and former head of research and portfolio manager at Boston-based Windhaven Investment Management. Read part 2 in this series: "China's ETF Industry: Short History With Rapid Growth."