After lagging the global markets the past year, China's stock market has regained its momentum as the world's growth leader. IShares FTSE China 25 Index Fund (FXI), the flagship ETF of the People's Republic, rallied 9.53% the past three months vs. 3.97% for iShares MSCI Emerging Markets ETF (EEM) and 1.02% for SPDR S&P 500 (SPY). In the past year, FXI gained 15.31% vs. gains of 17.44% by EEM and 23.86% by SPY. SPDR S&P China (GXC) climbed 9.79%