Investment Strategy—DAX Is Also a China Play

Can DAX take it?

Based on The Market Year, it said that:

You buy DAX for more than the China play, but DAX is a big China play, and the recent Yuan implosion is starting to look rather extreme. We agree with BofA's latest hedge logic for Europe, especially as the chemicals sector is very shaky.

Divergency between DAX and $CNYUSD