With China GDP Booming, Time To Look At Chinese ETFs?

China’s Q2 GDP numbers are out, and they show the Chinese economy growing by 6.9% on a year-to-year basis — over three times the growth of the U.S. GDP. With those booming figures, should U.S. investors take a closer look at China stocks and ETFs? What’s your expert take on the Chinese economy, which ETFs do you favor and why? Also, if China isn’t a good ETF play, why is that? Where should U.S. investors go overseas with their investment dollar and why? All comments are welcome. Email replies, please.