CNBC’s Jim CramerHe said Wednesday that he cannot recommend Chinese stock investors to buy Chinese stocks as the communist government in China is “total wildcard.”

Chinese President Xi JinpingCramer said that “doesn’t like capitalism” “Squawk Box,”According to some, the second-largest country in the world may be led by the “first totalitarian dictator” for a while.

Cramer’s remarks came at a time when two prominent U.S. investors had mixed messages about Chinese stocks.

Charlie Munger’s investment and media firm Daily Journal Corporation nearly doubledChina’s e-commerce giant holds an interest AlibabaA regulatory filing on Tuesday stated that the number is 98. Munger turned 98 in New Year’s Day and is Warren Buffett’s long-term investing partner.

Meanwhile, DoubleLine founder Jeffrey Gundlach told Yahoo FinanceAccording to this week’s report, China is “uninvestable at the moment.” “China is uninvestable,” the bond king claimed. I don’t believe the data. The relationship between China and the United States is not something I trust anymore. My concern is that Chinese investments could be taken away. There is a possibility of this.

Cramer agrees with Gundlach, saying that it’s “impossible” to think about investing in stocks of Chinese companies against such an uncertain backdrop in China that — even if there’s a good argument to buy them.

Cramer stated that “there is a feeling that the Chinese middle class will do better” in China. Cramer said, “Alibaba will do well. JDIs going to be successful. BaiduCould do well. However, their stock prices can’t translate to doing well.

These three Chinese companies have been listed on U.S. stock exchanges. Due to increasing political pressures in China and the U.S., this could change. Chinese riders hailing apps are actually quite popular. Didi announcedIt would then delist from New York Stock Exchange in December and seek a Hong Kong listing. Didi went public less than six months before.

China has launched a regulatory crackdown that has been ongoing for months. The measures are aimed at all its internet companies and include anti-monopoly legislation as well as data security. Investors have been scrambling to find value in China’s technology giants, and the moves have wiped them out of billions.

Cramer stated that the U.S. wants to avoid “very bad Cold War” with China. I believe President Xi is completely contemptuous for us. He also has complete contempt towards shareholders and a very low opinion of wealthy people who he believes threaten his power.

Cramer declared that Charlie Munger “is a genius” investor. Cramer stressed his inability to do so, emphasizing that Chinese stocks must be avoided.

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