Financial News
China ETFs Retreat After Beijing Ditches GDP Target
May 22, 2020 at 14:46 PM EDT
China country-specific exchange traded funds retreated after Beijing for the first time in over a quarter-century refrained from issuing an economic growth target for 2020. On Friday, the iShares MSCI China ETF (NASDAQ: MCHI) fell 3.6%, SPDR S&P China ETF (NYSEArca: GXC) declined 3.3% and...
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