First ETFs for China and Japan

iShares FTSE/ Xinhua China 25 (FXC) will invest in red-chip and H-share stocks listed on the Hong Kong stock exchange. The iShares MSCI Japan (IJPN) ETF will be based on the MSCI Japan index. Barclays is also launching ETFs that invest in European mid-caps and small-caps. The launches are subject to regulatory approval.