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A big move Wednesday in the Powershares China ETF (NYSEARCA:PGJ). It's up 4%, and that comes after a strong 2006. Interestingly, of course, historically, there has been little relationship to investor ardor for China and the performance of Chinese stocks. Has that link somehow become renewed?

PGJ

Source: Powershares' China ETF Jumps On First Day of '07 Trading