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.
Source: FA Magazine

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