GXC isn't the only way to play this; the iShares FTSE/Xinhua China 25 Index Fund (FXI) would be another, or a few individual stocks would serve the same purpose. Brands (YUM) reported slightly higher (2%) same store sales in China but missed expectations that were closer to 6%, and much of the increase was driven by a half price promotion. The days of explosive, double digit growth in China may be behind us, but with a wary eye on inflation and a fear of emerging market bubbles, I would venture to say that that is a good thing.