![]() The billionaire investor criticized President Joe Biden for a lack of decisiveness, especially when it comes to America’s China policy. The two countries are using sanctions and their militaries to ultimately push the other to cross the “red line” of launching an actual war. and China are nearing war because of one main problem: communication, Dalio said. Here’s what he expects in the U.S.-China relations in the coming months. Its Chinese onshore fund debuted in 2018 and is now the largest foreign hedge fund in the country. “That has put me in the privileged and awkward position of being deeply attached to the two greatest powers in the world, which are on the brink of going to war with each other.”ĭalio’s Bridgewater has been a big investor in China, with $2.93 billion in holdings there as of January. “For nearly 40 years, I have been going to China,” Dalio wrote. ![]() ![]() Following a recent 13-day trip to the country, Dalio wrote a LinkedIn post Wednesday reflecting on the state of Sino-American relations. The veteran investor and founder of hedge fund Bridgewater Associates has had close ties with China through investments at his firm. ![]()
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