Jim Cramer, host of CNBC's Mad Money, expressed skepticism about China's ability to stimulate its economy while maintaining a 'guns and butter' strategy, referring to lavish spending on both defense and social programs. This comes as China's economy struggles to gain momentum following COVID-19 lockdowns, with consumer prices remaining unchanged and producer prices falling. The iShares MSCI China ETF (NASDAQ:MCHI) saw a slight increase in premarket trading.