It shouldn't be a surprise to learn that China's economy is smoking hot. Gross domestic product for the world's most populous nation increased by 11.9% for the first quarter, China's headiest expansion in three years.
I singled out seven Chinese growth stocks with attractive valuations earlier this month. Last month, I suggested a few companies fueled by Chinese consumers that will thrive as the yuan appreciates against the dollar.
Today, I am going to key in on a few companies that stand to benefit greatly from China's consumer-driven growth. After all, if wealth is being generated in China, consumers are likely to spend more.
China Finance Online
Clearly there are plenty of ways to ride China's buoyant economy. As long as an investor is comfortable with the risk of buying into a country with a restrictive government, the growth is there for the picking.
How are you playing China's speedy growth? Share your thoughts in the comments box below.
China Finance Online and Shanda Interactive are Motley Fool Rule Breakers recommendations. Ctrip.com is a Motley Fool Hidden Gems pick. Try any of our Foolish newsletter services today, free for 30 days.
Longtime Fool contributor Rick Munarriz was in China once -- many, many years ago. He does not own shares in any of the companies in this story. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.