Global X China Consumer ETF
Does Rise in Service Sector PMI Suggest Smooth Transition for China?
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.
China’s Retail Sales Improved in March 2017
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
Will China’s Service Sector Growth Support Market Performance?
China’s service sector has been showing tremendous improvement since the last quarter of 2016.