China Is Tempting By Jim Cramer About this article: Not a lot of hope with the ECB. They continue to flounder and do nothing to indicate that they see a crisis, but that's not the case in China. The Chinese government cannot afford to have China fall off a cliff, and statements from them this weekend about how oil consumption has been cut back warn that the government has to step up the pace. With rates at 6.66% and with a big stimulus program announced, there could be a lot of ways to win in China. That's because they can always accelerate the stimulus (controlled economy don't forget), and they have ample room to cut rates, unlike the U.S. Don't forget that the market there is down 61%, so you haven't missed anything. Not only that but we are also seeing a bottoming of the Baltic freight rates, and that's really positive. I think that there are two... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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