Hong Kong: Investors are dumping exchange-traded funds (ETFs) tracking Chinese stocks at a record pace as the world’s biggest economies face off in an escalating trade war that is set to challenge global growth.
Outflows from US-listed emerging market ETFs that invest across developing nations, as well as those that target specific countries, totalled US$5.57bil in the week ended April 11, the most in a year, according to data compiled by Bloomberg.
