China is a demographic dream, with millions of citizens steadily entering middle-class status each year. That dream is one that’s not lost on some of the biggest companies in the world.
And, after the past couple of years of growing pains in the Chinese economy, things are stabilizing. Gross domestic product growth came in at 7.8% for the third quarter, a nice uptick from the 7.5% GDP growth in Q2.
Then there’s the proposed makeover of the Chinese economy by new leadership, which includes a loosening of the country’s one-child policy, a new system for insuring bank deposits, and an easing of restrictions on offshore securities investments and mergers and acquisitions.
The confluence of favorable demographics, positive directional GDP growth and business-friendly reforms has in part prompted many big-name U.S. companies to announce China expansion plans. Companies from Walmart (WMT) to Amazon (AMZN) to Apple (AAPL) are willing to bet on the Chinese economy, despite fears of a possible liquidity crunch.
Take a look at my favorite five companies that are planning to ride the fire-breathing dragon in 2014 and beyond.