China's growth this year, which could be around 7 percent, looks a bit lower than I expected. On the other hand, the country's 2013 and 2014 achievements paved a road toward rapid future growth that far exceeded my very high expectations. Given these facts, I think China's growth for the rest of this decade will likely exceed 7 percent, be much more balanced, give it complete hegemony in the Far East and bolster a currency increasingly able to rival or surpass the U.S. dollar as a worldwide reserve currency. For investors, the implications are enormous. I'll focus here on two potential stock winners, a potential stock loser and some major macro plays.

Dr. Leeb's original article appears on SeekingAlpha.com, October 2014.