Just doing some research and then realized that the GXC (China ETF) has a 10 year historical cycle pattern. In this pattern, it appears to be at a bottoming out period.
Just sharing an observation from the technical cycle aspects. Other qualifiers suggest a similar indication (not discussed herein).
What you also can observe is that there is a peak about 2/3 into the cycle... which projects about end 2023 peak from the current projected bottom.