Q: Do you have any advice on buying Chinese stocks? Are there good ways to invest in China ‘s growth?

A: It can be hard to find a product, from clothes to electronics, that’s not made in China. Now, a growing number of investors are wondering if they should be buying stocks made in China.

Fearing the large indebtedness of developed nations, including the U.S. investors are eyeing opportunities in fast-growing economies like China. U.S. investors have poured $45 billion into mutual funds, hedge funds and exchange-traded funds (ETFs) that invest in emerging markets stocks this year through Sept. 22, according to tracker EPFR Global. And when you talk about emerging markets, China is a key component of the story.

There are several ways to invest in Chinese stocks. Some brokerage firms will let you convert U.S. dollars into Chinese yuan to buy Chinese stocks on the Hong Kong Stock Exchange.

But the direct investing approach presents unique issues that many individual investors may not want to deal with, including the commissions involved in the currency excahange.

There are simpler ways to invest in China. Among them:

China-focused index mutual funds and exchange-traded funds (ETFs). There is a wide selection of both index mutual funds and index ETFs that own Chinese stocks. You can buy these investments directly from a mutual fund company or through your broker. These funds don’t try to pick winning Chinese stocks, but simply mirror China market indexes.

There are many China mutual funds and ETFs to choose from. One of the larger is the iShares FTSE/Xinhua China 25 ETF (FXI). which is up 7.8% this year.

Emerging markets index mutual funds or ETFs. While you might be interested in investing mostly in China, you might consider an index mutual fund or ETF that owns companies in many emerging nations, including China. This diversifies your country risk, so if one country has a political or currency problem, you are diversified. There are many choices here, but one fund to consider is Vanguard’s Emerging Markets ETF (VWO). which is up 14% this year.

Actively managed emerging markets mutual funds. You might not be satisfied getting the average return of an emerging markets stock index. If you want to try to do better, you can hire a professional stock picker with expertise in emerging markets or Chinese stocks by buying shares of an actively managed China or Emerging Markets fund. You can prospect for top mutual funds in those using USATODAY.com’s free mutual fund screener .

Chinese ADRs. If you want do to the stock picking yourself, without converting your currency, you can consider American Depositary Receipts. ADRs, shares of foreign stocks that trade like domestic stocks on U.S. stock exchanges, allow you to invest in foreign companies without the foreign-investing hassles. You can learn more about ADRs and research Chinese companies that offer them at adr.com .

Matt Krantz is a financial markets reporter at USA TODAY and author of Investing Online for Dummies and Fundamental Analysis for Dummies. He answers a different reader question every weekday in his Ask Matt column at money.usatoday.com. To submit a question, e-mail Matt at mkrantz@usatoday.com. Follow Matt on Twitter at: twitter.com/mattkrantz