The best choices in the regard might be the GlobalX China Consumer ETF ( CHIQ) as a middle class emerges in China with more discretionary income or the EG Shares INDXX China Infrastructure Index Fund ( CHXX). This fund also capitalizes on a better quality of life in China (as opposed to Hong Kong). The bigger idea here is trying to avoid unhealthy market segments. We are currently debating how large the second round of quantitative easing will be and over what time frame it will occur. This is a conversation about desperate policy maneuvers that thus far have not been effective. In that light, it makes more sense to simply seek out countries that do not need to take desperate measures such as the New CASSH countries.