Ray Dalio remains optimistic about investing in China despite economic challenges, undervalued opportunities.
From Observer: 2024-04-06 08:12:04
Ray Dalio, founder of Bridgewater Associates, encourages buying Chinese stocks despite recent economic challenges, calling them “manageable” for Chinese leaders. The MSCI China Index rebounds 12% since January low, becoming a top global performer. However, IMF forecasts slower GDP growth in China, raising concerns amidst political shifts towards legalism. Dalio remains optimistic due to undervalued opportunities, with Bridgewater set to double investments in China.
Read more at Observer: Why Ray Dalio Sees a Huge Problem in China But Still Invests There