FXI: The First Casualty Of Trump's Return Is China

  • The US-China decoupling is likely to accelerate under Donald Trump's second term.
  • The Chinese economy is now more vulnerable than in 2017 during Trump's first term, which makes the situation more uncertain.
  • The Chinese stock fund iShares China Large-Cap ETF is likely a value trap, and investors should stay away from it, from the long or short side.

Chip Somodevilla/Getty Images News

Trump's second term

Former President Donald Trump is now the president-elect, and he will start serving his second term on January 20th.

The Republicans have also gained control of the Senate, with a good probability of retaining

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