Dalio Says Now Is ‘Special Moment’ for Markets as China Ascends
- Simultaneous positive developments give China competitiveness
- Fundamentals of U.S. and dollar becoming more challenging
Ray Dalio
Photographer: Patrick T. Fallon/BloombergThis article is for subscribers only.
Ray Dalio believes global markets are at a “very special moment,” with China on the rise and the relative power of the U.S. facing challenges.
The billionaire founder of Bridgewater Associates said in his video message to the Caixin Summit on Saturday that China’s development is making the country more competitive in luring global capital.