KTEC ETF

Has the China turnaround finally begun in earnest? Government stimulus is ramping up, but looking at one China tech ETF, investors may already be flocking back to China investing.

Feeling overwhelmed by balancing your U.S. tech investments in a prolonged period of higher interest rates? Consider selling your U.S. tech holdings and investing in a China tech ETF instead.

China is increasing its support for the technology sector in order to boost confidence in the economy.

On the global artificial intelligence (AI) stage, China and the U.S. are viewed as the clear front-runners. By some estimates, China is leading.

Broadly speaking, Chinese equities and the related exchange traded funds disappointed investors this year, but there's a growing sense that 2024 could bring better things for this asset class. If accurate, that prediction would be good news for investors with exposure to the world's second-largest economy.

The Chinese government's stimulus measures appear to be having a tangible effect on stabilizing the country's economy. But for future growth, investors may want to align their exposure with a tech focus.

Fundamentally, the efforts of the government of China to reinvigorate economic growth via stimulus measures may also have a positive effect on its tech industry. Technically, indicators may already be hinting at a tech comeback.