…there are always opportunities to make money — you just need to know where to look and what to avoid.  

And right now, the best opportunities lie in China.

My 2009 Outlook for China

Of course, China isn't completely insulated from the global economic slowdown.

China's economic growth has slowed from a steamy 11.4% in 2007 to around 9% in 2008. And it's likely that as the current financial and economic crisis continue to unfolds, China's GDP growth rate will slow in 2009.

But the slowdown in China's economy will be nothing compared to the stagnant or negative growth that most countries will experience next year. China will instead likely post 7% to 8% growth, which is below the consensus forecast of 8% and represents a 40% drop from 2007's 11.4% growth rate.  

So, how is it that China will still continue to grow at a robust rate in 2009 while the rest of the world drastically slows down? (See also: "Why China, Why Now? 3 Top Stocks.")

Well, China's government has made reviving economic growth within its borders its number-one priority going into the New Year.

In order to stimulate economic growth, Chinese policymakers are focusing on three things: exports, domestic investments and domestic consumption.

Domestic investments and consumption, in particular, will play a key role in China's economic growth in 2009, as China's $586 billion stimulus package is implemented in the upcoming months.

This package is set to spur growth within the country by providing…