The fxi is the only way i see to play china and the correlation is zero as i believe the fxi is tied to hong kong. when china was 2700 in dec the fxi was 118 now china 3500 and fxi 108
Question asked to Jim Rogers... HAI: The market panicked when Chinaâs stock market fell in February. Was that a blip, or signs of a bubble beginning to burst? Rogers: Anybody who sold stock in the West or in Japan because China had a 9 percent drop in one day is a little bit nuts. The Chinese market has almost zero percent impact on the rest of the world. Foreigners canât invest in China, and the Chinese canât invest here. The idea that what goes on in Chinaâs market matters to us is nuts.