With the world's largest population and its rapid industrialization, China offers a wealth of opportunities for companies catering to its rising middle class. For example, only one-third of China's population is online, giving e-commerce and other web 2.0 companies plenty of room to grow.
The road is a bit more challenging for private oil, gas, telecom and financial services firms, since those industries are largely state run. But given China's overall explosive economic growth, there will probably be select opportunities in those sectors as well.
It's been a rough time for some Chinese companies, which have come under fire for questionable accounting practices. While the problems were largely confined to companies that went public through so-called reverse mergers, the fallout was felt broadly by most Chinese companies, with marked stock declines.
Read on for seven companies already tapping China's growing marketplace that have demographics in their favor and are beating out their competitors.
China is the world's second largest economy, but it will still take years before living conditions are on par with other developed countries.
|More than 225,000 Apple iPhone accounts hacked|
|Stocks fall sharply again on more China fears|
|China is the scariest threat to stocks since 2009. Here's why|
|Amazon says new Prime program will make more free-shipping items available|
|McDonald's all-day breakfast coming October 6|