Play: PetroChina (PTR) Reason: A "China Bubble" means massive consumption of natural resources - even more massive than we are seeing currently. Regardless of whether or not China puts caps on gas prices, PTR's profit - and its stock - would surge significantly...

Play: iShares Comex Gold Trust (IAU) Reason: Similar to above, in terms of MASSIVE natural resource consumption. In addition, the liquidity boom that would likely come from a China/US rate cut (my thinking is that other countries would also increase their money supplies, due to not wanting to be at a "competitive disadvantage") would increase inflation fears - as well as inflation - tremendously. Thus, hello shiny yellow stuff...

Play: iShares MSCI Emerging Markets Index (EEM) Reason: A simultaneous China/US rate cut would spur massive increases in risk-appetite. EEM would be a beneficiary of this, as would...

Play: iShares FTSE/Xinhua China 25 Index (FXI) Reason: This thing really moves whenever speculation increases. I'd be here before I'd be in a mutual fund... ... Hey, China wouldn't be the only beneficiary of this. Who's the other great long-term growth story, along with China?...

Play: iPath MSCI India Index ETN (INP) Reason: GIVE ME MORE RISK!!! Especially when that risk takes the form of a terrific long-term growth play, which India most definately is... Plus, their financial markets are much more sophisticated than China's, and thust might actually run more than China's in the case of a "China Bubble".

Play: CVRD (RIO) Reason: Who does China fight with about iron-ore prices? RIO! The fact that RIO already has so much hot money seeming to pour into it only further supports this thesis...

Play: T. Rowe Price New Asia, Ex-Japan (PRASX) Reason: China and India wouldn't be the only two countries benefitting from this boom in the Asian region. As recent studies have pointed out, China is investing heavily in other Asian countries. Thus, everyone in the Asian region should benefit from the "China Bubble".

Play: Caterpillar (CAT) Reason: The equipment behind the boom...