The government announced tax breaks for small businesses Wednesday. Meanwhile, observers are anticipating further cuts in the central bank’s reserve ratios to combat deflationary risks.
Moreover, BlackRock’s Larry Fink also has a favorable outlook on the Chinese economy as the heavy oil importer will benefit from lower oil prices, reports Angelina Rascouet for Bloomberg. [Capture Overseas Opportunities with These ETFs]
Deutsche X-trackers Harvest CSI 500 China A-Shares Small Cap Fund
For more information on the Chinese market, visit our China category.