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Then, at the request of China's Minister of Internal Trade (their Department of Commerce), he established the AIG-China Retail Fund.
FORBES: My Beijing
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Concerns over a general economic slowdown in China, plus the eroding residential real estate market has hurt the finance-heavy iShares FTSE China Xinhua 25 (FXI) exchange traded fund, a popular vehicle for retail investors hopping on the China band wagon.
FORBES: Popping The Bubble: China Home Values Falling
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At first glance, the Dreyfus Greater China fund might look disappointing, until you look at it for the long haul and compare it to one of the main ways the retail investor hops on the China bandwagon, through the iShares FTSE Xinhua China 25 (FXI) exchange traded fund.
FORBES: China...For the Dot-Com Wary