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The $5 Trillion ETF Market Heads To China And Locals Want In
That’s the logic behind this week’s investment by Beijing’s China International Capital Corp. -- an investment bank known as the Goldman Sachs of China -- in Krane Funds Advisors LLC, a New York-based issuer of exchange-traded funds focused on the mainland. The Americans get better access to Chinese markets; the locals get a platform in the U.S. Everyone wins. Regards, Ted http://www.fa-mag.com/news/the--5-trillion-etf-market-heads-to-china-and-locals-want-in-33682.html?print
