The markets will be watching China closely as the country acts as a leading indicator for global economic health. ETF investors may want to keep an eye on China ETFs, like FXI, to get a sense of the country’s direction.
“It’s not a great number,” Michael Turner, strategist at RBC Capital Markets, said in a separate WSJ report. “China is really a key part of the global-growth mix for next year… If China starts to show signs of weakness then you have to question where the growth is going to come from.”
iShares FTSE/Xinhua China 25 Index Fund
For more information on China, visit our China category.
Max Chen contributed to this article.