Don’t Dismiss the China Consumer Discretionary ETF
August 08, 2019 at 13:15 PM EDT
At a time when trade tensions between the U.S. and China are running high, pressuring stocks in both countries, considering Chinese stocks (particularly those in cyclical sectors), may seem like a bold idea. Indeed, the Global X MSCI China Consumer Discretionary ETF ( CHIQ B- ) is lower by 8% over the past week, but that doesn’t mean investors should ignore this fund.