Famous investor defends China positions

Billionaire investor Ray Dalio has recently given the message that he will not give up on his investments in China, which he warned of a “lost decade.” Famous investor Ray Dalio announced that he will not give up on China, which he has been investing in for a long time, despite the risk of conflict with the US and the shortcomings he sees in its economy. Dalio shared on the business world-focused social media platform Linkedin, “I have had a wonderful relationship with the Chinese people and culture for 40 years, which has made me love them. For me, being in a relationship with them and their markets complement each other.” The founder of hedge fund Bridgewater Associates said, “I don’t come in when things are going well and exit when things are tough because I am not a ‘fair-weather friend’ or a ‘fair-weather investor.’” In his post on March 27, Dalio drew attention to the difficulties China faces, suggested that the Beijing administration reduce its debt ratio and ease monetary policy, and suggested that otherwise, “we will experience a lost decade.” This time, Dalio stated that China's problems are manageable if Chinese leaders are smart and courageous and do their job well.