Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, urged investors to have bets on “both horses in the race” amid rising trade tensions between the U.S. and China. In a video posted online Tuesday, Dalio argued that investors still have a historic opportunity to buy into China as it opens up its markets to foreign investments. The trade war between Washington and Beijing has intensified over the past week after President Donald Trump announced 10% tariffs on a further $300 billion worth of Chinese goods. The tit-for-tat has culminated in China’s yuan weakening beyond the psychological level ... (full story)