2 ETFs To Buy On The Dip Ahead Of Possible Chinese Market Rebound – Investing.com

2 ETFs To Buy On The Dip Ahead Of Possible Chinese Market Rebound – Investing.com

China, whose economy trails only that of the US, is the world's most populous nation with approximately 1.44 billion residents. Therefore, investors pay attention to the Asian nation's economic numbers as well as quarterly metrics from many of the leading Chinese businesses.

For instance, in the first quarter of 2021, economy grew by a record 18.3%, compared with the same period of 2020. A large number of analysts are bullish on the country's economic prospects for the rest of the year. China, as well as a large number of emerging nations, tend to have higher growth rates than those achieved by many developed economies.

Over the past year, the index and the index have returned close to 30% and 23%, respectively. However, both indices are now off the multi-year highs seen early February.

In recent weeks, many important Chinese firms, especially those with financial technology and e-commerce operations, have come under heightened regulatory scrutiny domestically. Markets recently got the result of the long-anticipated, anti-trust investigation against the e-commerce and technology giant Alibaba (NYSE:).

Chinese authorities concluded that Alibaba violated the country's anti-monopoly law and subsequently issued a record $2.8-billion fine (18.2 billion yuan). Analysts believe other names could also be fined