Singapore's Great Sale That Wasn't: China Tourists Stay Away
Retailers billed it as the Great Singapore Sale. Chinese tourist Zhu Liang bought it, only to regret afterward. “We will never come here again to shop on purpose,” said Zhu, a 35-year-old businessman from Hangzhou. Visiting the city during the final …
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Bargain Shopping With China ETFs
For instance, among the largest China-related ETFs, the iShares China Large-Cap ETF (NYSEArca: FXI) shows a price-to-earnings ratio of 7.8 and a price-to-book of 1.1, iShares MSCI China ETF (NYSEArca: MCHI) has a 9.2 P/E and a 1.2 P/B, and SPDR …
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Singapore's Great Sale That Wasn't: China Tourists Stay Away