Dalio Defends His Decades-Long Investment in China
- In a post, Dalio defended his decades-long investment in China
- Dalio has long nurtured relations with Chinese officials
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Bridgewater Associates founder Ray Dalio defended his decades-long investment in China and pledged he won’t abandon the world’s second-largest economy even with all of the problems there he’s identified and the risks of a war with his own country, the US.
“I have had a wonderful 40-year relationship with the Chinese people and the Chinese culture that has led me to love them. For me, being involved with them and their markets go together and I wouldn’t want to be without either,” the billionaire investor wrote in a LinkedIn post. “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.’”