For people disinclined to buy individual Chinese stocks, a better way into the country than buying a broad fund like Claymore/AlphaShares China All Cap ETF might be to purchase specialized or thematic funds heavy in Chinese stocks without the risk factors mentioned earlier.

As an example, using iShares Emerging Market Infrastructure ETF ( EMIF) for 5% of a portfolio and the same amount in PowerShares Global Coal Portfolio ( PKOL) would create an overall portfolio weight of 2.7% in China. Fund provider GlobalX has filed for six Chinese sector ETFs which, when they are listed, will make it easier to open up exposure but still avoid obvious risk spots.
At the time of publication, EMIF is a client holding.

Roger Nusbaum is a portfolio manager with Your Source Financial of Phoenix, and the author of Random Roger's Big Picture Blog. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Nusbaum appreciates your feedback; click here to send him an email.

If you liked this article you might like

Office Plot Good News for Neighbors As It Shatters World Record in Hong Kong

Qualcomm, Citigroup and China Life Are Triggering Buys

Must-See Charts: Citigroup, Qualcomm, and China Life Are Triggering Buys

These 5 Big Stocks Are Breaking Out: Carnival, Altria, Priceline and More

What's Caveat Emptor in Chinese? Beware These Shares Next Year