NEW YORK TheStreet -- Yesterday, the ETF Professor at Benzinga posted Two Country ETFs Vulnerable To A China Slowdown. One of the funds covered was the iShares MSCI New Zealand Capped ETF (ENZL), which we bought for clients a couple of months ago.New Zealand exports a lot of stuff to China, some NZD787 million just last month. Although not mentioned in the article, New Zealand was the first country to ink a free trade agreement with China a few years back. China needs New Zealand's stuff and New Zealand needs China's money, so it is logical to think a slowdown in China hurts New Zealand.
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