Categories: AsiaExchange Traded Funds (ETFs)International Investing

U.S. Investors Lead Equity Exodus out of China

U.S. Investors Lead Equity Exodus out of China (Bloomberg)

United States investors let their portfolios do the talking two days ago, on March 10, 2014. That’s when they withdrew more than $87.5 million from exchange-traded funds focused on China — the most out of 46 nations investing in such plays. That brings the year-to-date total to $380.7 million, according to Bloomberg. This equity exodus was precipitated by official data showing Chinese exports dropping to their lowest level since 2009, the slowest inflation rate in 13 months and the country experiencing its first bond default. Is this the beginning of the Beijing Bubble popping? Or a hiccup along the way to becoming the world’s largest economy? You decide.

Wayne Ellis

Wayne Ellis has been involved in the financial publishing industry for more than 15 years. During that time, he has helped to edit, to market and to launch products and services for Ernst & Young, LLC, Fidelity Investments, Agora, LLC, and Eagle Financial Publications. He currently puts his broad-based experience and industry expertise to use as a contributing writer for Eagle Financial Publications. He also is a graduate of Arizona State University.