CNBC's Jim Cramer says the mainstream media wrongly thinks that ''Xi is a great Chinese man with great Democratic leanings; member of the WTO. And we have a madman as president.''
the mainstream media wrongly thinks that "'Xi is a great Chinese man with great Democratic leanings; member of the WTO. And we have a madman as president.'" Cramer also said, with exasperation, "China is the enemy, except for in the mainstream media that just loves Xi."according the Global Times on Monday.
The tabloid, run by the ruling Communist Party's official People's Daily, also tweets that China remains committed to continuing talks for a "phase two" and even a "phase three" deal. The longer the 15-month-long trade war between the U.S. and China drags on, the stronger the Trump administration's position gets, said Cramer.
"We have to walk away to get a real deal. That's the only way to do it. We have to walk away. Because I've got to tell you, I really don't think China is doing well economically. We are," theBoth sides are looking to mid-December as the next deadline for billions of dollars of new U.S. tariffs on Chinese imports, which have eluded the earlier rounds of levies. Many American companies, includingOn Saturday, ahead of Hong Kong elections, U.S.
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