Thinking of shorting the FXI on the assumption that China's export economy will continue to decline- thoughts?

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BradOK answered a question in Foreign Markets.
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BradOK answered 10 months ago …

Might not be a bad idea considering China just reported a 6.8% GDP growth rate for Q4 2008 - the first time it's hit the mid single digits for a while and the first time a full-year GDP growth rate has dropped below 10% since 2002. You can check it out here:

http://money.cnn.com/2009/01/22/news/international/china_growth.reut/index .htm?postversion=2009012204

I think '09 will certainly be a "trough year" for China, but it won't last any longer or cut any deeper than other large, global economies.

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