Canada is a great choice. Singapore or Hong Kong would be ok. Various Eastern European countries, or Ireland, or Australia or New Zealand -- all great.
The only reason I would put a small business in China is a manufacturing business, or a services business focused ON CHINA. A services business focused outside China based in China is utterly insane. You have the language issue, the undeveloped legal system and business support system, the high cost of top-tier expats, and all sorts of political risk.