China Stock ETFs Rebound From Sell-Off: Time To Buy?
China's stock market rebounded Tuesday from a sharp sell-off in the prior session after the government announced a hefty increase in defense and domestic security spending to support economic growth. Beijing also said it aims to maintain the country's economic expansion at 7.5% this year. The national defense budget will be raised 10.7% to $119 billion and domestic security will be lifted 8.7% to $124 billion. The flagship iShares FTSE China 25