The appreciation of the yuan is more a question of when than if, making Chinese stocks and currencies an excellent place to invest, said Jeff Papp, senior analyst for the China Opportunities Strategy at Oberweis Asset Management.
Papp offered CNBC some of his top picks in the Chinese markets:
Golden Eagle Retail Group — Chinese retail stocks have grown about 20 percent, and this stock is one way to play that trend, he said.
Comba Telecommunication — "It's estimated that [telecom companies] are going to spend $50 to $60 billion over the next couple of years on 3G, and we see Comba as a great way to play this trend," he said.
Lee & Mann — The paper manufacturer, "like others in the country," imports its products in US dollars and then sells them in the Chinese currency, Papp said.
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Disclosure information was not available for Papp or his company.