The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor Charly Travers discuss topics around the investing world.

Wal-Mart just announced that it has increased its stake in Yihaodian, a leading Chinese e-commerce website, to 51%. Charly thinks this is a smart move, and he discusses what this might mean for investors. John and Charly then discuss a few companies that are looking to profit from China's tremendous growth.

Charly Travers has no positions in the stocks mentioned above. John Reeves owns shares of Procter & Gamble. The Motley Fool owns shares of Wal-Mart and Yum! Brands. Motley Fool newsletter services recommend Nike, Procter & Gamble, Wal-Mart, and Yum! Brands. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.