XI) shed 8.5 percent in the second quarter and remains vulnerable as investors grow increasingly worried about China’s economic growth, according to an article on Seeking Alpha.

Chinese stocks are caught in a downward spiral, as U.S. and Asian investors shy away from the country’s businesses, according to Seeking Alpha contributor Tom Lydon.

The Chinese job market is faring no better as a result of declining profits, and industrial production is sliding too, the article said.

Apart from FXI, other funds likely to be impacted by China’s economic slowdown include:

• SPDR S&P China ETF (NYSEArca: GXC)
• iShares MSCI China ETF (NYSEArca: MCHI)
• PowerShares Golden Dragon Halter USX China Portfolio ETF (NYSEArca: PGJ)

Go to SeekingAlpha.com for the full story.