China ETFs Slip on Lower Growth Forecast
March 05, 2012 at 07:57 AM EST
Exchange traded funds that invest in China were lower Monday after the country cut its 2012 economic growth target from 8% to 7.5%, an eight year low. Wen Jiabao, China’s premier, also said the nation needs to boost domestic consumption to reduce its reliance on exports. The inflation target for...