Investors are embracing risk again, confident that the world financial crisis is over.

They’re especially interested in China and India, according to a Bloomberg poll of investors and analysts. They see stocks and commodities offering the best returns over the next year.

“I’m actually pretty positive on the longer horizon,” Anthony Gibbs, a bond broker with Vantage Capital Markets, tells Bloomberg.

“The global marketplace has got bigger, the Chinese are getting richer and richer, and the West is going to benefit by being able to export stuff to China.”

Of course, investors aren’t so enthusiastic about the United States and Europe. A hefty 44 percent of respondents say Europe constitutes the greatest risk for investors, and 20 percent point at the United States.

“These investors see more downside than upside in the current investment climate in the U.S.,” says J. Ann Selzer, president of Selzer & Co., which conducted the survey.

“Opportunity appears brightest outside” the country, she says.

A whopping 70 percent of respondents are bullish on China.

“The Chinese economy is run by the government, managed by the government, helped by the government,” Omri Beer, an options trader at Nomura Holdings, told Bloomberg.

“It’s easy to be bullish.”

Another China enthusiast is Israel's venture capital giant Pitango, which plans to team up with a Chinese partner on a $100 million to $200 million fund to invest in China, Reuters reports.

"For a long time now we have been examining cooperation and projects in China," a Pitango official says.