There is a fundamental shift going on in China, even if the technical trade is killing the MSCI China index and the FTSE China Xinhua 25 (FXI) exchange traded fund this year.

FORBES: For China, Economic Hard Landing Unlikely

Nevertheless, China equities are still beating the MSCI Emerging Markets index, if measured by the FTSE China Xinhua 25 (FXI) exchange traded fund.

FORBES: Concerns Over China Slowdown "Overdone"

Over the last six months, the iShares FTSE China Xinhua 25 ( FXI) exchange traded fund has outperformed the MSCI Emerging Markets index.

FORBES: China Will Meet Official GDP Target