Haven't been a big fan of Cramer lately, but I 100% agree with his opinion on the cut in the reserve ratio for China banks. This is a game changer for China as the economy was beginning to show signs of slowing.
China is clearly at the beginning of the interest rate cuts. Our favorite stocks to play the reemergence of China include coal producer Alpha Natural Resources (ANR), copper producer Freeport McMoRan (FCX), crane producer Terex (TEX), oil service company Weatherford (WFT) and ChinaCache (CCIH).
Disclosure: Long ANR, FCX, TEX, WFT, CCIH. Please review the disclaimer page for more details.