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At first glance, the Dreyfus Greater China fund might look disappointing, until you look at it for the long haul and compare it to one of the main ways the retail investor hops on the China bandwagon, through the iShares FTSE Xinhua China 25 (FXI) exchange traded fund.
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Fund managers like Hugh Simon at the Dreyfus Greater China mutual fund (DPCAX) stays clear of the internet stocks, many like Baidu (BIDU) trading at valuations double that of Google (GOOG).
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Among the reasons that Adrian Au, manager of Dreyfus' Greater China Fund, likes China Shineway is its prospects for long-term growth.
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Among the reasons that Adrian Au, manager of Dreyfus' Greater China Fund (nyse: GCH - news - people ), likes China Shineway is its prospects for long-term growth.
FORBES: Correction Appended
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If you aren't equipped for the hassle of buying locally traded shares (this can be done at a big brokerage firm), consider the Dreyfus Premier Greater China Fund or the Fidelity China Focus Fund, which have stakes in many of these companies.
FORBES: Correction Appended
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Liu, part of the investment management team at the Dreyfus Greater China (DPCAX) mutual fund.
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