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Sparks Fly At Bridgewater Over Dalio’s Pro-China Stance

7 November 2018; Ray Dalio, Founder, Co-Chief Investment Officer & Co-Chairman, Bridgewater Associates on the Forum Stage during day two of Web Summit 2018 at the Altice Arena in Lisbon, Portugal
Image by Web Summit

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American attitudes towards China remain extremely mixed (and apparently stratified by ‘wealth’). As we first noted some time ago, Negative views of China have increased substantially since 2018: “Today, 67% of Americans have “cold” feelings toward China on a “feeling thermometer,” rating the country less than 50 on a 0 to 100 scale. This is up from just 46% who said the same in 2018.”

The picture is very different on the corporate side of America with most recent examples including Jamie Dimon flip-flopping and bending the knee to Beijing about a ‘joke‘, NBA and LeBron James ignoring Enes Kanter Freedom’s warnings about Uyghur genocide, and Ray Dalio – founder of the world’s largest hedge fund – who this week drew an odd equivalence between China and US when asked about investing in the communist nation amid human-rights’ abuses:

“I look at the United States, and I say, well, what’s going on in the United States and should I not invest in the United States” because of “our own human-rights issues, or other things?”

To read more visit Zero Hedge.

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