I like MCHFX if you are looking for an experienced management team in China. Check out their Q1 annual report on the Matthews website. It shows all of their holdings. I like China in the short term and long term. I have less than 25% of my entire portfolio in the U.S. Our current administration is scaring me. China seems to be dedicated to the idea of economic growth, whereas U.S. only used to be.
I like small caps funds for U.S. right now if you must invest in domestics. T. Rowe Price's "New Horizons" is a good choice. I also love T. Rowe Price's "International Discovery", which is small caps of non-US companies. Historically, the small-caps have led the economy back from a recession. Kind of makes sense when you think about it, since they are typically the ones with new products, higher motivation, high manager ownership, etc...
Please do your own research though and come up with an investment mix you feel comfortable with.
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ea1776
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