FXI - Chinese Internet Stocks Are Riding On China's Rising Self-Reliance And Policy Changes

• A litany of contradictions surfaced last week, including the continued filings of U.S. IPOs by Chinese companies despite the rising political tensions between the U.S. and China.
• The suppression of Chinese technological advancements appeared to have spurred China's self-reliance, benefiting its domestic tech giants.
• China has often been accused of intellectual property infringements, but the innovations pioneered by Chinese internet companies have increasingly been emulated by their Western peers.
• Alibaba has shrewdly emphasized in its publications its support towards American businesses in their penetration of the Chinese markets, helping it to avoid denigration by the U.S. government.
• China's new three-child policy is a bane for private tutoring companies but a boon for gaming and e-commerce stocks.

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