$FTSE China Bull 3X Shares(YINN)$is a buy given US fed is doing more damage to the US econ with rate hike given this is a supply-driven inflation. Fed doesn't have a choice cos it only has 1 tool for the task. China's limited stimulus during covid & being self sufficient in terms of necessities, e.g. oil, food, continues to ensure its inflation is benign. The perception on China opening up shud outweigh the "uninvestible" calls due to its regulatory controls, with themes that no one company is larger than the ppl & safety among ppl first. Ultimately the themes are intended to build a more sustainable nation. Companies with US debt may either have to pay back or borrow less or control expenses in this higher interest environment vs Chinese companies that may have more room for expansion since China would be more inclined to not tighten stimulus since it has already locked down its country.