China ETFs Hit on Weak Manufacturing Data
November 23, 2011 at 16:14 PM EST
A preliminary purchasing managers index reveals that China, the world’s second-largest economy, could be slowing down, weighing on exchange traded funds that track Chinese stocks. The iShares FTSE/Xinhua China 25 Index Fund (NYSEarca: FXI) was down 2.24% at last check Wednesday, and the SPDR...