Conflicting Messages: Yuan And China Shares

By IndexUniverse,  November 15, 2012, 04:58:47 PM EDT

The Chinese economy is sending more mixed signals than a prom date.

On the one hand, the renminbi just hit a new all-time high in dollar terms. On the other hand, the Shanghai Composite is down 4.5 percent year-to-date, and has lost more than 62 percent since hitting a closing high of 5,456 on Jan. 10, 2008.

For ETF investors looking at China and wondering just what the heck is going on, the chart below illustrates the ambiguity well.

FXI vs yuan since 2008 Don't forget to check IndexUniverse.com's ETF Data section.

Copyright ® 2012 IndexUniverse LLC . All Rights Reserved.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, ETFs

Referenced Stocks: FXI



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