Meanwhile, Chinese steel production is slowing down as the nation tries to boost domestic consumption and reduce its reliance on exports. Earlier this month, China cut its 2012 economic growth target. [China ETFs Slip on Lower Growth Forecast]
There are many other ETFs that invest in China, including SPDR S&P China (NYSEArca: GXC) and PowerShares Golden Dragon Halter USX China (NYSEArca: PGJ).
iShares FTSE China 25 Index Fund
