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Visa (NYSE: V), a global leader in digital payments, today announced that it has received approval of its Application to Prepare from the People's Bank of China

China's Q2 GDP beat forecasts at 5.2%, easing stimulus pressure but exposing cracks in demand and real estate. Tap ETFs like MCHI and FXI.

With just nine new ETFs launching on U.S. exchanges, the week ending May 17, 2024, was fairly unremarkable in that regard. However, there was plenty of other activity in the space including closures and name changes.