Reported 13 days ago
Investors are pulling money from China-focused ETFs following Donald Trump's election victory, which raised concerns about potential tariffs on Chinese goods. The iShares China Large-Cap ETF and iShares MSCI China ETF saw significant outflows amidst a backdrop of disappointment in Beijing's stimulus measures, which were perceived as inadequate in addressing rising debt levels. Analysts suggest that while there's optimism for U.S. equities, global investors are cautious about the implications of Trump's trade policies as they carry on amidst a challenging economic outlook for China.
Source: YAHOO