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China's hottest companies

Chinese e-commerce, offline retail and social media companies are generating shockingly steep growth curves by catering to the continent's burgeoning middle class.

China's hottest companies
China's hottest companies

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.

By Maureen Farrell @CNNMoneyInvest - Last updated April 26 2012: 6:06 PM ET
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