On Friday, the iShares MSCI China ETF (NASDAQ: MCHI) fell 1.5%, Xtrackers CSI 300 China A-Shares ETF (ASHR) dropped 1.5%, and KraneShares Bosera MSCI China A Share ETF (KBA) was 1.4% lower. On Friday, China country-specific exchange traded funds suffered through their worst day since March, after investors dumped exposure to the emerging market following the ruling Communist Party's 100th anniversary. “For the second half we know inflation is just around the corner and an interest rate hike [by the US central bank] after that,” Louis Tse, managing director of Hong Kong-based brokerage Wealthy Securities, told the Financial Times.