Since first being introduced in 2010, the issuance of dim sum bonds is increasing rapidly due to the growing amount of RMB that is now circulating in the global economy.

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To be eligible for inclusion in the ETF, RMB Bonds must have an amount outstanding of greater than or equal to 750 million RMB and a minimum of six months remaining to bond maturity.

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And if that trajectory indicates that over the course of a year the RMB has appreciated a certain amount that is more in line in economic fundamentals, then I -- hopefully not only will that be good for the U.S. economy, that will also be good for the Chinese economy and the world economy.

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Analysts said the decline is mostly due to a stronger dollar, meaning the Chinese government has to spend more renmimbi (RMB) to acquire the same amount of bonds it purchased a month prior, when their currency was stronger.

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