The Chinese consumer appears to be in better shape than people think and that is positive for companies like Starbucks SBUX, said TheStreet’s Jim Cramer. Cramer offered his relatively upbeat view after hearing from Alibaba co-founder and Executive Chairman Joe Tsai. Alibaba posted earnings of $0.74 a share, beating estimates of $0.62. Alibaba posted its best revenue growth since before the e-commerce giant’s listing in late 2014. Revenue soared 59 percent year-over-year to $4.84 billion, eclipsing estimates of $4.52 billion.
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