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Investment Case For The China Infrastructure ETF…In Four Words

By: ETFdb
Nine day traffic jam. That’s right, a traffic jam on a road leading into Beijing now stretches more than 60 miles and is entering its ninth day. Traffic on the Beijing-Tibet expressway slowed on August 14 after a surge in traffic from heavy trucks carrying cargo into the Chinese capital. Five days later road maintenance began, compounding the congestion problem further. According to a state-run newspaper, the monumental slowdown led to the creation of an opportunistic local economy; merchants began selling food and water to stranded motorists at wildly inflated prices. Surely at this point the traffic jam is close to letting up, right? Not so fast. According to state media the congestion is expected to continue until workers finish up the construction projects on September 13. The tale of the traffic jam is amusing, but it highlights a serious problem in what is now the world’s second-largest economy. After years of booming [...] Click here to read the original article on ETFdb.com. Related Stories: Emerging Global Advisors To Launch China Infrastructure ETF (CHXX) Case For The China Consumer ETF Emerging Global Launches Brazil Infrastructure ETF (BRXX)
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