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Dalio Sees ‘Real Issues’ in China, Keeps Small Exposure
Bridgewater Associates founder Ray Dalio said a small part of his family office’s portfolio remains invested in China, but pointed out that there are “real issues” in the country amid a deepening economic slowdown. “You have an environment in China which is changing and becoming a more difficult environment,” Dalio said in an interview with Bloomberg Television on Wednesday. The world’s second-largest economy has changed in the last four years and with its property and equity markets declining, many Chinese prefer holding on to cash, he added. China’s industrial output marked its longest slowing streak ... (full story)
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- Posted: Sep 18, 2024 3:37am
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