Cramer rips Chinese stocks, says he'd avoid owning them 'studiously'

Jim Cramer
Scott Mlyn | CNBC

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Jim Cramer made it clear Wednesday that he is no fan of Chinese stocks.

The "Mad Money" host urged investors to avoid Chinese equity between the country's dubious accounting practices and brewing geopolitical tensions between Washington and Beijing.

That combination, Cramer said, makes it very risky to own equity in a Chinese company.