"We're seeing tremendous opportunities in China, which should move up regardless of U.S. market gyrations," says Richard Schmidt. In Stellar Stock Alert, he offers his current favorite China plays.

In addition, Jim Trippon, editor of The China Stock Alert, discusses the latest addition to his model portfolio, China's largest life insurance company -- and one with large exposure to Chinese equities.

And finally, fund expert Jim Lowell -- editor of Fidelity Investor -- says, "Investors should be buying Chinese stocks, Hong Kong real estate and Taiwanese technology." He offers some favorite funds for China region exposure.

TheStreet.com's Jim Cramer says if you don't want to wait for a pullback, look abroad for the next leg or find values at home.

What do you do when everyone knows we have come up too far, too fast; no one knows who is actually buying; and we are going into earnings season?

What do you do when the animal spirits are taking up the market and yet other than a handful companies -- Research In Motion (NASDAQ: RIMM) (Cramer's Take), Xilinx (NASDAQ: XLNX) (Cramer's Take), Corning (NYSE: GLW) (Cramer's Take), Best Buy (NYSE: BBY) (Cramer's Take) and Taiwan Semi (NYSE: TSM) (Cramer's Take) -- almost all companies that have spoken during the "off-season" earnings reports have been dismal?

This post was written by Minyanville contributor Lance Lewis

The consensus seems to be blowing off the G20 as a nonevent for the dollar, but then again the consensus didn't anticipate the Fed announcing that it would begin to monetize Treasury debt a couple weeks ago either. And it was that Fed decision that brought us to where we are today.

This post is part of a special report, Global advisors look to China.

"In my view, there is no sign of a sustainable rally in the US stock market on the horizon," says Glenn Rogers, asking, "So, against that gloomy backdrop, what's an investor to do?"

The contributing editor to Gordon Pape's Internet Wealth Builder suggests, "One area that looks interesting to me right now is China." Here, he highlights a trio of exchange-traded funds invested in the China market.

"The Chinese government is unencumbered by highly-paid bankers and fractious two-party politics so they have been able to move quickly to stimulate their economy and are generally well-positioned to come out of this downturn in good shape.

With its own economic stimulus program in place, a relatively stable banking system, and a stock market that has been resilient in recent months, numerous leading global investment advisors are looking bullishly towards China.

From technology to power, and from individual stocks to ETFs, and from Hong Kong to Taiwan to mainland China, we turn to seven leading advisors for their favorite ways for US investors to take a stake in Asia.

TheStreet.com's Jim Cramer says that country can be counted on for tons of growth.

How perfect is China? We have producer price inflation down to almost zero, and rate cut possibilities as far as the eye can see. In our country, all we have heard is "pushing on a string." In their country, all they know is that when the Chinese central bank loosens, wondrous things happen, including a 29% gain in the index.

That gain is so glaring that you can be emboldened about it. You know that they have just started to put China to work and the inventories of all metals could be worked off quickly and the infrastructure products just started.

TheStreet.com's Jim Cramer says something real is happening in China and there's more ahead.

"Jim, but how do you know that China is for real?"

How many times a day do I get that question? It has been my position since December that China is going to break out of the tailspin first -- it is why I have been buying the iShares FTSE/Xinhua China 25 Index (NYSE: FXI) (Cramer's Take) exchange-traded fund all the way down, even as it should be up -- and that it could lead us back.

That's because China's stimulus plan is more about saving lives -- the lives of the people who run the country -- than jobs. That's stronger incentive.

Many people believed the Beijing Olympics would spark a multi-year bull market for China.

Leading up to the summer Olympics, the best think tanks in the world were putting out glowing reports of a new juggernaut economy that would lap the United States in a few short years.

At the start of the games, the Chinese market quickly came unglued.

Several ETFs that gave investors indexed exposure to Chinese stocks saw their values get hit for as much as 70%.

The iShares Xinhua/FTSE China 25 Index Fund (NYSE: FXI), which was listed by Barclays Global Investors in October 2004, is the most widely traded of all the China-related securities listed in the United States.

The ETF gained 83% in 2006 alone, but the bull run came to a sudden end in late 2007, and the ETF suffered a massive correction.

The FXI saw its shares dive by 50% in the months following the Olympics.

Ouch!

Bryan Perry is a contributor to OptionsZone.com.

"While watching the Olympics, I couldn't thinking about the investment opportunities of the various countries participating in the games," says exchange-traded fund expert Carl Delfeld.

Recognizing that this is not a "scientific" approach nor a primary basis for seriously determining one's asset allocation the editor of Around the World with ETFs speculates, "While it is admittedly a stretch, let's consider what an ETF porfolio of the top ten countries in the Beijing Olympics medal count would look like."

"I hope that while watching the Olympic games many investors were also reminded at how the world is changing and why they need a global portfolio to capture value and growth around the world.

"The U.S. did remarkably well across the board underscoring its role as the world's leading investment destination. China surged to win the most gold and reach the symbolic level of 100 medals.

"Quite an achievement that punctuates China's growing heft. With the Shanghai Composite down 55% this year, it has come down to earth and is interesting from a valuation perspective.

"Next comes Russia with a performance fueled by a strong Olympian tradition and petro dollars but perhaps a bit overshadowed by the Georgian fiasco. I will take a pass on this one even though it is off 36% since just May.

"When you own iShares FTSE/Xinhua China 25 Index (NYSE: FXI), you own the 'best-of-the-best' blue chip stocks traded in the Chinese market," explains Doug Fabian in his The ETF Trader.

"I had been waiting for what I thought would be the inevitable turnaround in Chinese stocks. Much to my dismay, that turnaround hadn't really materialized -- that is, until now.

"For the past couple of months, the value of the iShares FTSE/Xinhua China 25 Index (NYSE: FXI) has undergone a prolonged move to the downside.

"However, the recent strengthening in price has led me to believe that a short-term bottom may be in place for Chinese stocks. I now am recommending that you add the iShares FTSE/Xinhua China 25 Index to your portfolio.

"I like to say FXI is the Dow Industrials of China. This investment seeks results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE/Xinhua China 25 index.

"As FXI has just started to turn off of its lows, I think it has a strong possibility of moving up another 5%-to-10% from here. Make the move into FXI and jump on that fast train to China. We also note that the iShares FTSE/Xinhua China 25 Index just underwent a 3-for-1 share split."

Each day, Steven Halpern's TheStockAdvisors.com offers the latest market commentary and favorite investment ideas from the nation's leading financial newsletter advisors.

Have you taken a look at China? Wow. All those voices that have said that China is going to the moon. Have you taken a look at the FTSE/Xinhua China 25 Index (NYSE: FXI) lately? It's down over 40% from its recent highs and looks to be headed lower -- at least for now. Investors who used the Proshares Ultrashort FTSE/Xinhua China 25 Index (Amex: FXP) would have fared a lot better as such an index tries to use leverage and outperform the inverse of the China index. In other words, the FXP shorts the Chinese market. It's up almost 50% just year to date.

According to an article at MarketWatch, China's retreated for the 5th straight day on worries of continued monetary policy tightening by the Chinese central bank.

Although the EU has ruled out an Olympic boycott over the violence in Tibet, what's happening there is certainly adding to the feelings of a quickly growing economic and political power running amok. In typical fashion, Europe refuses to speak out against such types of aggression. According to the FT, Mark Malloch-Brown, the UK's minister for Africa, Asia and the United Nations, told the BBC: "This [the Olympics] is China's coming out party and they should take great care to do nothing that will wreck that."

With the way the Chinese and Hong Kong stock markets are behaving, it doesn't look as though the princess will be ready for her coming out party in a few months. It's probably going to take more time as China's growth is forcing it to deal with hard issues such as soaring inflation, domestic unrest, and heavy-handed politics.

Zack Miller is the managing editor of IsraelNewsletter.com and a former equity analyst for a leading multinational hedge fund.

"We are poor."

That's exactly how numerous Chinese in the southern Henan Province start conversations according to today's New York Times article about China: "Lives of Grinding Poverty, Untouched by China's Boom."

While the article contents that China has, more so than any other country, moved people out of poverty, there are still 300 million poor in China.

We've seen a booming Chinese stock market. The iShares FTSE/Xinhua China 25 Index (NYSE: FXI), a popular index of the 25 largest Chinese companies available to foreign investors, was up over 60% in 2007. While we've seen a strong pullback, Beijing is hosting the 2008 Olympics and continued focus and interest on China as an international investment destination should continue as a rising middle class in China spends on consumer products, travel, and electronics.

Each year Steven Halpern, editor of TheStockAdvisors.com, surveys the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is part of his 24th annual Top Picks Report.

ishares FTSE/Xinhua China 25 (NYSE: FXI ), an exchange-traded fund, is the top speculative pick for 2007 from ETF expert Carl Delfeld, editor of the Chartwell ETF Advisor.

"The FTSE/Xinhua China 25 index was launched in October 2004 and has risen 55.7% year to date. The biggest sector weightings are financial services 35%, telecom 22%, energy 20%, and industrial materials 12%. China Mobile is the biggest holding at around 11% of assets; PetroChina and China Life Insurance are other strong contributors.

"While no fan of state-owned companies, I do see the argument that the Chinese government is likely to protect its 'crown jewels' and that, with the 2008 Olympics approaching, attention on China will increase commensurately. My advice for speculative investors is to buy this exchange-traded fund and maintain a 10% trailing stop loss."

To see Carl's favorite conservative idea for 2007, click here.