Cramer Says It's 'Inconceivable' US Won't Have Better Relationship With China

One of Jim Cramer's investment themes for 2021 is Chinese stocks.

Cramer On China: Cramer discussed the relationship between the United States and China as it was the main topic in his first look at the market Tuesday morning.

The relationship between the U.S. and China will improve under the new Biden administration, according to Cramer.

“Inconceivable that we won’t have a better relationship,” Cramer said.

President Donald Trump putting tariffs on China and straining the relationship with the country didn't accomplish "that much."

Related Link: Cramer Weighs In On Paypal And Chinese Stocks

"Biden's just better," proclaimed Cramer.

Cramer said Biden will come in with an olive branch and won’t offer as many surprises or negative tweets towards the country. The improved relationship between the U.S. and China could help semiconductor stocks and a company like Boeing BA.

Cramer was also asked about the decision by the NYSE to not delist three major Chinses telecoms. He said the relationship could help lower the risk of Chinese companies facing de-listing concerns.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsGlobalMarketsMediaChinaCNBCJim CramerJoe Biden
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!