"Ray Dalio's Contrarian Bet: Investing in China Despite the Storm"

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Source: CNBC
"Ray Dalio's Contrarian Bet: Investing in China Despite the Storm"
Photo: CNBC
TL;DR Summary

Ray Dalio, founder of Bridgewater Associates, defended his decision to continue investing in China, citing the importance of understanding the world and diversification. Despite acknowledging major challenges facing China's economy, including depressed prices, wealth gap, and conflict with the U.S., Dalio believes these are manageable and sees potential for growth. He emphasized that the time to invest is when the market is cheap and when there are signs of economic leadership taking action. Dalio's bullishness on China has drawn criticism in the past, but he remains committed to the market.

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