“As China takes its foot off the brake in the near future, we should see a recovery in demand from the world’s largest consumer of commodities, as markets there are pretty tight,” BlackRock‘s investment chief for natural resources Evy Hambro said, Reuters reports.
Market observers and investors will be watching China closely as the country is a leading indicator for global economy. ETF investors may want to keep an eye on Chinese funds, like FXI, to get a sense of China’s direction. [S&P 500 ETFs’ Rally Over 200-Day Average Opens Door to Year-End Rally]
iShares FTSE China 25 Index Fund
For more information on China, visit our China category.
Max Chen contributed to this article.