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More on China

China ETFs exploded this week, The iShares MSCI China ETF (MCHI) and the iShares China Large-Cap ETF (FXI) closed Wednesday with a 21.24% and 20.94% gain, while KraneShares CSI China Internet ETF (KWEB) was up 40%.

ETF Newz Says: Comments from Vice Premier Liu He suggested that the country would take “concrete actions” to bolster the economy through the first quarter. There was also word that China with respect to reporting requirements, will look to provide more substantive data as requested by the SEC.