NEW YORK (TheStreet) -- Despite the skepticism about Chinese investments from U.S. investors, TheStreet's Gregg Greenberg is with John Burke, president of Burke Financial Strategies, to discuss how investors can still participate.

Burke is not a huge fan of investing in individual Chinese companies. The problem, he said, is many of them are state-owned enterprises (SOE), and have different objectives than the company's shareholders.

Instead, he suggested investors look at U.S. companies that have a rapidly growing Chinese business segment, like Coca-Cola (KO) and Dupont (DD).

Another company doing well in the country is General Mills (GIS). The Chinese population prefers international brands when it comes to their dairy products, due to previous issues from domestic dairy.

However, he said GIS was a bit expensive, since it is up roughly 25% in 2013. Instead, Burke suggested investors take a look at Diageo (DEO), the world's largest manufacturer of liquor.

The company has done very well in China, particularly with its super premium whiskey, and has underperformed the S&P 500 year to date.

Another name he liked was Lenovo (LNVGY), which is a non-SOE Chinese company.

Burke concluded that the company's strong top-line growth of 17% was largely outpacing many other companies and should allow margins to expand. It also has strong management.

-- Written by Bret Kenwell in Petoskey, Mich.

Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter. Focuses on short-to-intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.

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