Stock markets around the globe fell on Monday after China's Finance Minister, Lou Jiwei, alluded to the possibility that a stimulus package may not be in his country's near-term plans.
Many on Wall Street, in particular, were anticipating a monetary move from China after a string of subpar economic releases over the past few months.
The Shanghai Composite Index is up nearly 15 percent in the last quarter and hit a 52-week high earlier this month. Its value fell 1.7 percent after Jiwei's comments.
The Numbers
Investors are now turning to more economic numbers.
On Tuesday, the country reported its monthly HSBC PMI for September came in at 50.5, better than the 50.0 forecast and August's 50.2 mark.
The Investing Angle
Consequently, investors have the option of a slew of China ETFs that cover all ...
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