China attracts record ETF flows even as US and Europeans pull out

September 12, 2023--Stimulus measures appear to have prompted a surge that accounts for nearly a third of August global ETF investment
A push by Beijing to pump money into Chinese equity markets appears to have prompted a surge in investment resulting in China accounting for almost a third of global exchange traded fund flows in August.

China-focused equity ETFs saw record net inflows of $20.6bn in August, two-and-a-half times the level in July, according to data from BlackRock, dwarfing the $11.1bn pulled in by ETFs focused on US equities. The money that poured in all came from Asia Pacific-listed funds including China, with US and European investors actually pulling money out.