-
Bridgewater’s Ray Dalio backs China despite trade war escalation
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 ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Aug 7, 2019 2:25pm Aug 7, 2019 2:25pm
- rustydavo
- | Joined Jul 2017 | Status: Member | 60 Comments
- Comment #2
- Quote
- Aug 7, 2019 3:35pm Aug 7, 2019 3:35pm
- Vancarbon
- Joined Jul 2019 | Status: Member | 689 Comments | Online Now
- Comment #3
- Quote
- Aug 7, 2019 6:58pm Aug 7, 2019 6:58pm
- bmun2348
- | Joined Nov 2011 | Status: Member | 91 Comments