Going long on China

I bought shares of the $CWEB China Internet Companies ETF, knowing that some of the biggest names in the Chinese economy are in there, including Tencent, Alibaba, JD.com, and Baidu.

China has been growing at an unprecedented pace and with the government blocking anything that isn't Chinese on the internet, I believe that the only way for these companies is up.

I won't hold the 2x leveraged $CWEB forever, and I'll probably switch over to the unleveraged $KWEB for more long term returns. Thoughts?