Monday, March 4, 2024
HomeinvestmentFXI: China 2024 - The Year Of The Paper Dragon

FXI: China 2024 – The Year Of The Paper Dragon

In my view, the Chinese stock market is one of the most important financial news stories for 2024. In recent months, China has experienced another crash in its precarious stock market as its economy enters a debt-deflation spiral. Surprisingly, this fundamental change has received little attention in most US financial news media, potentially because China’s economic tides are believed to have little impact on the US market. However, if we consider the currency market interventions that may occur in China, we can see how bearish events in China may lead to a rebound in some inflation and interest rate issues in the US.
In 2022, I covered the iShares China Large-Cap ETF (NYSEARCA:FXI) in



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