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yuanYuan devalued. Market selloff. Panic? Hardly. It’s the perfect opportunity to buy some very cheap stocks and make money. Here’s what you need to know.

When the Chinese credit bubble bursts, will anyone other than China investors and hedge fund managers care? Aside from commodity producers, toy store owners and factory workers displaced around the world over the past 20 years, probably not.

We are experiencing a temporary, short-term sell-off as professional money managers liquidate equities to close positions in the currency and bond markets.

Bottom line: Disregard the selloff. Here are five great ways to play China by ignoring China.

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