Ray Dalio on his investment in China: ‘I don’t jump out when things are tough'
Hindustan TimesBridgewater Associates founder Ray Dalio defended his long term investment in China and said that he won’t abandon the country despite all of the problems there he’s identified and the risks of war with the US. He added, "I don’t jump in when things are booming and jump out when things are tough because I am neither ‘a fair-weather friend’ nor ‘a fair-weather investor.’” Ray Dalio on difficulties in China In an earlier post last month, the hedge fund titan discussed difficulties and challenges China faced and warned that the country should cut its debt and ease monetary policy. He then said that China’s problems are manageable now if “Chinese leaders do their job well by being both smart and courageous" as he pointed to signs that leader in China are preparing to conduct quantitative easing along with debt restructuring. Ray Dalio on US-China war Ray Dalio said he understands others when they are concerned “if there is a US-China war it would be disastrous especially if one is an American investor.” “To me the key question isn’t whether or not I should invest in China so much as how much I should invest,” he wrote.
Discover Related
)
)
)
)
