China's Influence Felt Far and Wide
Funds need not be Asia-focused to have felt the impact this year.
Concerns about China have hit that stock market hard in 2011.
A potential slowdown in that country's economy has frightened investors, even if China's growth rate would still hit levels most developed markets would envy. In addition, questions about the thoroughness and accuracy of the accounting of Chinese companies--concerns that aren't new but tended to be brushed aside when enthusiasm ran high--have come to the fore, particularly with Chinese firms listed in the United States and Canada.
Gregg Wolper does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.