Global X China Consumer ETF
A solid improvement in China’s (FXI) service sector in May 2017 provided a much-needed support, as its economy currently struggles with its manufacturing sector.
Retail sales of consumer goods totaled 8.5 trillion yuan (~$1.3 trillion) in 1Q17, according to the National Bureau of Statistics.
Company & Industry Overviews
China’s service sector has been showing tremendous improvement since the last quarter of 2016.