FXI: Time To Take China Seriously. Start By Knowing This ETF.

I am initiating a small trading position in iShares China Large-Cap ETF (FXI) for diversification and potential decoupling from US tech-driven markets. FXI benefits from China's state-backed monetary interventions and AI ecosystem push, but is anchored by financials, not pure tech exposure. FXI trades at 13.3x trailing earnings, offering attractive relative valuation versus the S&P 500’s 33x, despite recent underperformance. I view FXI as a tactical diversification play as US tech dominance faces risks, with position sizing kept small pending further confirmation.