Small Easing Measure Bolsters China ETFs
May 30, 2014 at 15:20 PM EDT
In response to the economic slowdown, Beijing will support growth and cut reserve requirements for banks, bolstering China-related exchange traded funds. The Global X China Financials ETF (NYSEArca: CHIX) rose 0.9% Friday while the broader iShares China Large-Cap ETF (NYSEArca: FXI) gained 0.6%....