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RAYC - We're Downgrading China's Growth And Currency As Challenges Mount
Rayliant Quantamental China Equity ETF
Widespread flooding, tough social distancing measures at ports, chip shortages and far tighter regulation in some industries - these are all big challenges facing the Chinese economy right now.
New and traditional infrastructure projects could provide a lifeline.
Nevertheless, we're downgrading our GDP and USD/CNY forecasts.