Page 2 - ஷென்சென் ஹாங் காங் ஸ்டாக் இணைக்கவும் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

July 29, 2021 China’s urban middle class is now spending trillions of dollars, potentially creating an opportunity for exchange traded fund investors to capitalize on the rising emerging market consumer base. In the recent webcast, Investing in China: From Smart Phones to Smart Investments, Brendan Ahern, Chief Investment Officer, KraneShares, explained that China is well-positioned for continued economic growth. China has administered at least 1.5 billion doses of COVID vaccines so far. Assuming every person needs 2 doses, that’s enough to have vaccinated about 52.1% of the country’s population. The government’s goal is to have 1.2 Billion people, or 80% of the population, vaccinated by the end of the year. Meanwhile, China’s Gross Domestic Product expanded by 7.9% in the second quarter, and recent retail sales data beat expectations.

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