Geopolitics Alpha

Exclusive | Serbia’s ex-top diplomat Vuk Jeremic on China’s rise in a geopolitical recession

Published . Updated .

Key takeaways

  • Exposed: FXI, EEM, BABA, NTES, JD
  • Market reaction: price tracking starts with the next trading session.

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GEOPOLITICS ALPHAExclusive | Serbia’s ex-topdiplomat Vuk Jeremic on China’srise in a geopolitical recessionGEOPOLITICS ALPHA

This report is about China and emerging markets.

Directly affected

  • No company is named in this report.

Indirectly affected

  • FXI iShares China Large-Cap ETF-2.8% 30d

    iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).

  • EEM iShares MSCI Emerging Markets ETF-2.1% 12d

    iShares MSCI Emerging Markets ETF holds stocks listed in emerging markets, which this story is about (“serbia”).

  • BABA Alibaba Group Holding-8.2% 10d

    Alibaba Group Holding (business services) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.

  • NTES NetEase

    NetEase (prepackaged software) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.

  • JD JD.com+1.7% 6d

    JD.com (retail stores) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.

  • BIDU Baidu-7.9% 15d

    Baidu (computer programming, data processing, etc.) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FXI+3.46%+1.27%baseafter closeafter closeafter closeafter close
EEM+0.18%+1.84%baseafter closeafter closeafter closeafter close
BABA+11.61%+7.54%baseafter closeafter closeafter closeafter close
NTES+6.15%-0.07%baseafter closeafter closeafter closeafter close
JD+1.68%-0.25%baseafter closeafter closeafter closeafter close
BIDU+3.67%+2.06%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Exclusive | Serbia’s ex-top diplomat Vuk Jeremic on China’s rise in a geopolitical recession South China Morning Post

Source: South China Morning Post

The price since 15 Nov 2026: Ishares China Large-Cap Etf (FXI) versus the S&P 500

CompanyWhenMoveStatus
Alibaba Group Holding (BABA)three days earlier+7.54%final price
Alibaba Group Holding (BABA)five days earlier+11.61%final price
Baidu (BIDU)three days earlier+2.06%final price
Baidu (BIDU)five days earlier+3.67%final price
Ishares Tr (EEM)three days earlier+1.84%final price
Ishares Tr (EEM)five days earlier+0.18%final price
Ishares China Large-Cap Etf (FXI)three days earlier+1.27%final price
Ishares China Large-Cap Etf (FXI)five days earlier+3.46%final price
JD.com (JD)three days earlier-0.25%final price
JD.com (JD)five days earlier+1.68%final price
NetEase (NTES)three days earlier-0.07%final price
NetEase (NTES)five days earlier+6.15%final price

Who gains and who loses around Ishares China Large-Cap Etf (FXI)

Companies mentioned with this story

  • FXI Ishares China Large-Cap Etf

    For “Exclusive | Serbia’s ex-top diplomat Vuk Jeremic on China’s rise in a geopolitical recession,” Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence. Reason on file: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)

  • EEM Ishares Tr

    For “Exclusive | Serbia’s ex-top diplomat Vuk Jeremic on China’s rise in a geopolitical recession,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF holds stocks listed in emerging markets, which this story is about (“serbia”)

  • BABA Alibaba Group Holding

    For “Exclusive | Serbia’s ex-top diplomat Vuk Jeremic on China’s rise in a geopolitical recession,” Alibaba Group Holding (BABA) is linked, with no stored direction, medium confidence. Reason on file: Alibaba Group Holding (business services) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares

  • NTES NetEase

    NetEase (NTES) is linked, with no stored direction, medium confidence in the 15 Nov 2026 story “Exclusive | Serbia’s ex-top diplomat Vuk Jeremic on China’s rise in a geopolitical recession.” Reason on file: NetEase (prepackaged software) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares

  • JD JD.com

    JD.com (JD) is linked, with no stored direction, medium confidence in the 15 Nov 2026 story “Exclusive | Serbia’s ex-top diplomat Vuk Jeremic on China’s rise in a geopolitical recession.” Reason on file: JD.com (retail stores) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares

  • BIDU Baidu

    For “Exclusive | Serbia’s ex-top diplomat Vuk Jeremic on China’s rise in a geopolitical recession,” Baidu (BIDU) is linked, with no stored direction, medium confidence. Reason on file: Baidu (computer programming, data processing, etc.) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares

Ishares China Large-Cap Etf (FXI)

“Exclusive | Serbia’s ex-top diplomat Vuk Jeremic on China’s rise in a geopolitical recession” (15 Nov 2026) reaches Ishares China Large-Cap Etf (FXI) through this story.

The link for Ishares China Large-Cap Etf (FXI) is this: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)

Also listed, Ishares Tr (EEM): iShares MSCI Emerging Markets ETF holds stocks listed in emerging markets, which this story is about (“serbia”)

Dates in the story, and the Ishares China Large-Cap Etf (FXI) price range

BABA traded between 99.59 and 112.70 across 10 sessions. The latest close on file is 100.27. EEM traded between 65.24 and 68.87 across 8 sessions. The latest close on file is 65.76. FXI traded between 32.14 and 34.36 across 20 sessions. The latest close on file is 33.21.

A simple score for Ishares China Large-Cap Etf (FXI)

54 out of 100

“Exclusive | Serbia’s ex-top diplomat Vuk Jeremic on China’s rise in a geopolitical recession” scores 54 out of 100. The score uses 2 sources, and 6 linked companies.