Cramer: Looking for Direction? Look East

If you're looking for a new idea as you put money to work, Cramer said look to the east.

"I'd go with China in 2013," he said.

For quite some time Cramer has advocated putting money to work in China despite Street chatter that the nation's white hot economy had cooled off.

Cramer has been unflinching in his belief that a slowing China was not akin to a slow China.

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According to Reuters, since 2009, GDP has been no worse than 7.4%.

And new results suggest the economy of China is starting to percolate again. According to Reuters, China's annual economic growth may have quickened to 7.8% in the fourth quarter.

Although China can be difficult to gauge, Cramer believes Alcoa effectively confirmed the thesis.

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In its latest release, Alcoa cited China as a major factor behind its improved outlook. CEO Klaus Kleinfeld said demand in China, the world's largest aluminum user, will grow 11 percent this year to 23 million metric tons as stimulus spending announced by the country's new leadership begins to show its effect.

"In fact, Kleinfeld is confident that when the government unveils its complete plans for growth in February they are going to dazzle, maybe accelerate expansion to 11%," said Cramer.

Considering the market is no stranger to China driving global growth, Cramer believes now is the time to position – before it's all priced in.

"You can buy Joy Global, the maker of excavation equipment that's needed to mine more coal, because the Chinese are addicted to coal and we know electric usage has gotten stronger and stronger as the year's gone on," said Cramer.

"You can also look at truck manufacturers as the Chinese, who pulled away from the truck market are now back with a vengeance."

However, Cramer thinks the best way to play China is with companies on the ground in China. But - rather than own individual stocks, he suggests a long position in the FXI, which is an ETF made up of Chinese stocks.

"Owning a basket of stocks in a market that's emerging from a huge bear mauling? That's more my style," he said.

Read More: These Stocks Don't Stay Down Long, Says Cramer

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