And I don’t mean the way President Donald J. Trump insists!
I am not here to debate whether they are “currency manipulators” or anything of the sorts; but rather to ask the question: is it time to get back into China?
I am all too familiar with investing in Chinese stocks. When I started my trading/investing career it began right before the “China Bubble” imploded. During the early 2000s it was common for China stocks to IPO today and gain 200+% by the end of the week.
But like with all bubbles; it came crashing down with the US economy sometime in 2008; and since then; I have been hesitant to step back into the market.
Enter the trading action of FXI (iShares China Large-Cap ETF) and you’ll see why I may just step across the pond; because I am starting to get bullish on China equities!
I have my eyes set on a few! Baidu (BIDU) and Global X China Financials ETF (CHIX) comes to mind but if there are others; let the community know by commenting below.
Tina Lashley holds a Bachelor of Arts in Forensic Psychology and a Master's of Science in Mental Health Counseling and has been a stock market participant for over a decade. Currently a Full-Time Trader and Blogger of all things financial.