Spotting Capitulation In “Uninvestable” China, More Momentum Needed For CXSE


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Nikada China has been a widow-maker for the last three years. Major ETFs tracking mainland shares are down 50% or more as the country's authoritative regime, led by President Xi Jinping, continues to pressure one industry after another. Just last week, it was reported that China's CPI inflation rate plunged to levels not seen in more than 14 years. At -0.8% YoY, worse than the -0.5% consensus forecast, it was the fourth consecutive monthly drop in the annual CPI rate, marking the longest such stretch since 2009. Is it finally time to give China a look? After all, the nation's...