NEW YORK ( TheStreet) -- There has been an onslaught of China-focused exchange traded funds, mostly from GlobalX and one from Claymore. GlobalX China Industrials ETF ( CHII) makes the best first impression. GlobalX Industrials looks like an infrastructure fund, with construction and engineering comprising 27% of the ETF and transportation 22%. Industrial equipment accounts for 26%, and building materials, mostly cement companies, takes 20%. The China ETF's holdings let you follow the building process, from raw materials (cement) to producers (construction firms) to end users (China Railway Group, Beijing Capital International Airport). The methodology limits any single stock's weighting to 4.75% of the ETF. See Cramer's Mobile Internet Tsunami stocks>>> Other than the industrials ETF, GlobalX has also launched funds for the financial, consumer and technology sectors. The reason that the industrial fund makes the best first impression has to do with the fundaments of China, combined with the unique exposure that the ETF offers. Banks in China have increased their lending in a shocking fashion over the past couple of years, paving the way for too much leverage and risking a financial meltdown akin to that of the U.S. And the technology fund is heaviest in the same Internet stocks -- Baidu.com ( BIDU), Sina ( SINA) and Netease ( NTES) -- that have been available to U.S. investors for years. The consumer fund is interesting as a late-cycle play. The logic in looking to the GlobalX China Consumer Sector ETF ( CHIQ) for later down the road has several facets to it. First is that, for now, China is still building up its infrastructure and modernizing the country, in terms of municipal services and amenities in people's homes. At some point, the infrastructure theme will play out, at which time it may make sense to consider consumer stocks as people in the rural west finally ascend to a lifestyle closer to that of the more urbanized eastern part of the country.