China Downgraded by JP Morgan After ETF Falls 12%
The iShares FTSE China 25 (NYSEArca: FXI) is down 12% from its 2013 high even as the Dow Jones Industrial Average sets new records, illustrating the divergence between emerging and developed markets do far this year. Now, JP Morgan (NYSE: JPM) has downgraded China to underweight and recommended...
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