Ray Dalio isn’t planning to stop investing in China anytime soon.
The Bridgewater Associates founder and CIO justified his investments in the country in a LinkedIn post Monday, where he underscored the “wonderful 40-year relationship” he has had with the Chinese people and culture — and how his involvement in the country’s markets go hand-in-hand with that relationship, even when times are tough.
Is Meta a better stock than Reddit right now?
“Investing in China has been a success for me in all the ways that I hoped to be successful, including demonstrating to investors how they can do well in both bear and bull markets through smart portfolio diversification and overweighting those assets that are best for whatever the environment is like,” Dalio wrote.
Dalio said he worries about China’s problems just as he worries about the problems facing the U.S., Europe, and any…