5 Best China Stocks To Watch Right Now

In a new report, The U.S.-China Business Council reaffirmed China's importance to the U.S. economy. While China's GDP growth slows, dragging U.S. export growth down to 6.5%, the U.S. still shipped $109 billion in exports in 2012. Looking over the past decade, exports to China saw an average annual growth of nearly 17%, totaling $81 billion, or a 294% increase in exports to China from 2003 to 2012.�

Source: U.S.-China Business Council:�U.S. Exports to China by State, 2003-2012.

China's export markets' importance continues to grow.�The only countries that beat China for the United States' top export markets were Canada and Mexico -- U.S. neighbors and NAFTA trade partners. The council notes that exports to China supported a broad range of American sectors, from crop production to transportation equipment, illustrating that not only are U.S. companies and producers competitive in the global market, but they're also increasingly important to growing markets like China.

5 Best China Stocks To Watch Right Now: Suntech Power Holdings Co. LTD.(STP)

Suntech Power Holdings Co., Ltd., a solar energy company, engages in the design, development, manufacture, and marketing of photovoltaic (PV) products. The company also provides engineering, procurement, and construction services to building solar power systems for certain related party and third party customers. Its products include monocrystalline and multicrystalline silicon PV cells; PV modules; and building-integrated photovoltaics products. In addition, the company provides PV system integration services, including designing, installing, and testing PV systems used in lighting for outdoor urban public facilities, as well as in farms, villages, and commercial buildings; and project development services. Its products are used to provide electric power for residential, commercial, industrial, and public utility applications. The company sells its products through value-added resellers, such as distributors and system integrators; and to end users, such as project develo pers primarily in Germany, Italy, Spain, France, Benelux, Greece, the United States, Canada, China, the Middle East, Australia, and Japan. Suntech Power Holdings Co., Ltd. is headquartered in Wuxi, the People?s Republic of China.

Advisors' Opinion:

• [By Travis Hoium]

  Case and point is the accounting fiasco that's brought Suntech Power (NYSE: STP  ) to its knees. The company's investment in Global Solar Fund S.C.A. unraveled last year and the company suddenly disclosed hundreds of millions of dollars in liabilities that investors weren't expecting. The stock has plunged, Suntech has missed debt payments, and the company's largest subsidiary is now in bankruptcy.

5 Best China Stocks To Watch Right Now: CNOOC Limited(CEO)

CNOOC Limited, through its subsidiaries, engages in the exploration, development, production, and sale of crude oil, natural gas, and other petroleum products. The company?s oil and natural gas properties are located in offshore China, which include Bohai Bay, western south China Sea, eastern south China Sea, and east China Sea, as well as in Indonesia, Iraq, and other regions in Asia; and Oceania, Africa, North America, and South America. As of December 31, 2010, the company had net proved reserves of approximately 2.99 billion barrels-of-oil equivalent, including approximately 1.92 billion barrels of crude oil and 6,458.3 billion cubic feet of natural gas. It also provides bond issuance services; and has a joint venture with Bridas Energy Holdings. CNOOC Limited was founded in 1982. The company is headquartered in Central, Hong Kong, and is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange. CNOOC Limited is a subsidiary of China National Of fshore Oil Corporation.

Advisors' Opinion:

• [By Arjun Sreekumar]

  Notable foreign joint ventures
  The practice has been quite common among foreign companies engaging in joint ventures with U.S. firms. For instance, the use of a drilling carry was a feature of Chesapeake Energy's (NYSE: CHK  ) transaction with China's largest energy company, CNOOC (NYSE: CEO  ) , back in 2010, though it was noticeably absent from its most recent joint venture agreement with Sinopec (NYSE: SHI  ) .

• [By WWW.MARKETWATCH.COM]

  LOS ANGELES (MarketWatch) -- Hong Kong stocks inched lower early Friday, with mainland Chinese banks and energy shares among the weak spots. The Hang Seng Index (HK:HSI) lost 0.1% to 22,824.44, with the Hang Seng China Enterprises Index down 0.4%, even as the Shanghai Composite (CN:SHCOMP) rose 0.1%. Concerns about the fiscal health of the top mainland lenders loomed again over the shares, with Bank of China Ltd. (HK:3988) (BACHY) down 0.9%, Bank of Communications Co. (HK:3328) (BKFCF) 1.3% lower, and China Construction Bank Corp. (HK:939) (CICHF) off 0.7%. In the energy sector, Cnooc Ltd. (HK:883) (CEO) gave up 0.9% after posting a 17% gain in third-quarter revenue but not reporting its profit for the period. Its peers also lost ground, as China Petroleum & Chemical Corp. (HK:386) (SNP) and PetroChina Co. (HK:857) (PTR) fell 1% apiece. On the upside, China Unicom Hong Kong Ltd. (HK:762) (CHU) added 1.6% after announcing a gain of more than 50% for its quarterly profit compared to a year earlier. Rival China Mobile Ltd. (HK:941

• [By Paul Ausick]

  Endeavor owns assets onshore in the U.S. and in the U.K. region of the North Sea. The company expects to begin production ��mminently��at the Rochelle field which will be operated by Nexen, the former Canadian firm that was acquired by China�� Cnooc Ltd. (NYSE: CEO) earlier this year.

Top 5 Clean Energy Companies To Invest In Right Now: China Gerui Advanced Materials Group Limited(CHOP)

China Gerui Advanced Materials Group Limited engages in the manufacture and sale of cold-rolled narrow strip steel products in the People's Republic of China. The company converts steel manufactured by third parties into thin steel sheets and strips. It sells its products directly to its customers in a range of industries, including food and industrial packaging, construction and household decorations materials, electrical appliances, and telecommunications wires and cables industries. The company was formerly known as Golden Green Enterprises Limited and changed its name to China Gerui Advanced Materials Group Limited in December 2009. China Gerui Advanced Materials Group Limited is based in Zhengzhou, China.

5 Best China Stocks To Watch Right Now: China Telecom Corp Ltd (CHA)

China Telecom Corporation Limited, together with its subsidiaries, provides wireline and mobile telecommunications services in the People's Republic of China. The company?s services include wireline voice, mobile voice, Internet, managed data and leased line, value-added services, integrated information application services, and other related services, as well as prepaid calling cards. Its wireline voice services include local wireline services, domestic long distance wireline services, and international long distance wireline services. The company's mobile voice services comprise local calls, domestic long distance calls, international long distance calls, intra-provincial roaming, inter-provincial roaming, and international roaming. Its Internet access services consist of wireline Internet access services, including dial-up and broadband services, and wireless Internet access services. The company's integrated information application services include Best Tone services, which provide customers with phone number storage, enquiry, and call transfer services; and information technology-based integrated solutions, such as system integration, outsourcing, special advisory, information application, knowledge services, and software development. Its managed data and leased line services consist of services relating to optic fiber and circuits, such as optic fiber and circuit leasing, virtual private network, and bandwidth leasing. The company also offers other services, such as sales, rental, repairs, and maintenance of equipment; and provides consulting services, and e-commerce and booking services, as well as in the sale of telecommunications terminals. It serves government, enterprise, and residential customers. The company was founded in 2002 and is based in Beijing, the People's Republic of China. China Telecom Corporation Limited is a subsidiary of China Telecommunications Corporation.

Advisors' Opinion:

• [By WWW.MARKETWATCH.COM]

  LOS ANGELES (MarketWatch) -- Hong Kong stocks inched lower early Friday, with mainland Chinese banks and energy shares among the weak spots. The Hang Seng Index (HK:HSI) lost 0.1% to 22,824.44, with the Hang Seng China Enterprises Index down 0.4%, even as the Shanghai Composite (CN:SHCOMP) rose 0.1%. Concerns about the fiscal health of the top mainland lenders loomed again over the shares, with Bank of China Ltd. (HK:3988) (BACHY) down 0.9%, Bank of Communications Co. (HK:3328) (BKFCF) 1.3% lower, and China Construction Bank Corp. (HK:939) (CICHF) off 0.7%. In the energy sector, Cnooc Ltd. (HK:883) (CEO) gave up 0.9% after posting a 17% gain in third-quarter revenue but not reporting its profit for the period. Its peers also lost ground, as China Petroleum & Chemical Corp. (HK:386) (SNP) and PetroChina Co. (HK:857) (PTR) fell 1% apiece. On the upside, China Unicom Hong Kong Ltd. (HK:762) (CHU) added 1.6% after announcing a gain of more than 50% for its quarterly profit compared to a year earlier. Rival China Mobile Ltd. (HK:941

• [By Evan Niu, CFA]

  While China Mobile has never officially offered the device, the two smaller carriers do. China Unicom (NYSE: CHU  ) was the first Chinese iPhone carrier in 2009, and China Telecom (NYSE: CHA  ) followed suit in 2012. China Unicom and China Telecom have been consistently chipping away at China Mobile's lead in the lucrative market for 3G subscribers, a trend that has widely been attributable in part to the iPhone.

• [By WWW.MARKETWATCH.COM]

  LOS ANGELES (MarketWatch) -- Stocks in Hong Kong logged gains Tuesday, with the equity benchmark aided by a bump higher in financial shares. The Hang Seng Index (HK:HSI) rose 0.3% to 22,887.80, as China Merchants Bank Co. (HK:3968) (CIHHF) (CN:600036) climbed 2.1% ahead of the company's financial results due later Tuesday. Stock in China Construction Bank Corp. (HK:939) (CICHF) (CN:601939) rose 1.4%, extending Monday's advance of 1.1% despite China's second-largest bank by assets reporting slower-than-expected quarterly profit growth. Meanwhile, shares of China Telecom Corp. (HK:728) (CHA) slipped 0.3% despite the company's report that its third-quarter profit jumped 20% on stronger data sales driven by iPhone users. The Hang Seng China Enterprises Index popped higher by 1.4% and on the mainland, the Shanghai Composite Index (CN:SHCOMP) rose 0.6%.

• [By Doug Young]

  I've been writing about the VNO development for awhile now, as it's really quite exciting with the potential to instantly triple the number of telecoms service providers in the market from the current three to a new field of 8-9 operators. Equally important, most of those new operators, which would lease network capacity from the existing three telcos, are private sector firms. That means they should be much more nimble and innovative than the current monopoly of three big state-run companies, China Mobile, China Unicom (CHU) and China Telecom (CHA).

5 Best China Stocks To Watch Right Now: Vanceinfo Technologies Inc(VIT)

VanceInfo Technologies Inc., together with its subsidiaries, engages in the provision of information technology (IT) services. The company offers research and development services in various phases of development, including requirements analysis, concept generation, product realization, quality assurance and testing, and technology and information transfer; and develops software products, such as middlewares, Internet protocols, and other software. It provides enterprise solutions for packaged evaluation and selection, packaged implementation, customization, regional rollout, version upgrades, and business intelligence/data warehouse, as well as enhancement, maintenance, and product support; and designs, develops, and implements software solutions to meet various client requirements, and provides maintenance services for software systems. VanceInfo also offers customized and automated testing practices, which include functional testing, globalization and localization testi ng, automation testing, performance testing, remote testing, and test process consulting; and globalization and localization services that comprise software and content localization, localization engineering, localization testing, internationalization engineering, and internationalization testing. The company serves technology, telecommunications, financial services, manufacturing, and retail and distribution industries primarily in China, the United States, Europe, and Japan. VanceInfo Technologies Inc. was founded in 1995 and is headquartered in Beijing, the People?s Republic of China.