When the SARS outbreak happened in 2003, China’s share of the global economy was about 10%. Today, however, China accounts for double that figure (20%) while also holding the title as world’s largest manufacturer. China’s burgeoning middle class also showers money around the world, with tourists spending approximately $260 billion a year.
These economic fundamentals place China and the global economy in a precarious position: one on hand, the economy benefits from sending people back to work and restarting factory operations. On the other, restarting the economic engine risks spreading the coronavirus even further and for longer.
To underscore just how important China’s economy has become on the global stage, consider that over the last five years, the three most material sell-offs in the S&P 500 index have had ties to China. There was the yuan devaluation in 2015, followed by downside volatility connected to the US-China trade dispute in fall 2018, followed by the selling pressure we’re seeing today connected to the coronavirus. Any good investment strategy, in my view, must account for China's significant influence on the global economy.
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where CHN advanced for three days, in of 289 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The Momentum Indicator moved above the 0 level on November 12, 2025. You may want to consider a long position or call options on CHN as a result. In of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 192 cases where CHN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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