(Bloomberg) — Ray Dalio believes global markets are at a “very special moment,” with China on the rise and the relative power of the U.S. facing challenges.The billionaire founder of Bridgewater Associates said in his video message to the Caixin Summit on Saturday that China’s development is making the country more competitive in luring global capital.“Simultaneously there’s the rapid development of the Chinese capital markets, the opening up of the markets to foreign investors, the relative attractiveness of them, and the underweightedness of global investors in them,” he said. “This is happening when the fundamentals of the U.S. and U.S. …read more
Source:: Yahoo Finance
