PGJ

China equities have continued to underperform the broader market throughout the second half of 2011. The $6 billion iShares FTSE-Xinhua China 25 Index Fund (FXI) is down nearly 19% since the end of June compared to only a 2% decline for the S&P 500.

After a strong run from the March lows, China ETFs have fallen into a 4 week losing streak. The $10 billion iShares FTSE-Xinhua China 25 Index Fund (FXI) was recently up 89% from early March before hitting the skids at the end of July.