China ETFs Climb as Central Bank Backs Stronger Yuan Currency

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Chinese stocks rallied Monday, with technology-related ETFs taking the lead, after the People’s Bank of China signaled it would take a more proactive approach to combating a stronger U.S. dollar and uncertainty surrounding the trade war between Washington D.C. and Beijing. On Monday, the technology-heavy PowerShares Golden Dragon China Portfolio (NasdaqGM: PGJ) and KraneShares CSI [...]

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