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Economy

8 Sept 2021

Ray Dalio Investing in China; Opportunities can’t be Ignored

Ray Dalio Investing in China; Opportunities can’t be Ignored

The Index Today

Ray Dalio, the billionaire investor was speaking at a Bloomberg Radar event where he shed light on his history of working in Asia. He stressed on how China and Singapore cannot be ignored due to economically viable opportunities and investments.
He first visited China in 1984 and has spent much of time working in the region. In 2020, Ray opened his first personal family office in Singapore.
The billionaire investor commented during an ongoing debate where Wall Street investors are reconsidering business investments in china amidst growing regulations in sectors of technology, property and education. He also repeatedly stressed upon his support for the reformation of capitalism.
Others such as a George Soros have warned about worsening situations whereas organizations including BlackRock Inc are busy moving resources to China. Ray plans to continue his business and grow in terms of investments.

©Photo: Bloomberg