Beautiful Virgin Islands

Tuesday, Jun 03, 2025

Investors should diversify into Chinese assets, Ray Dalio tells FinTech Week

Investors should diversify into Chinese assets, Ray Dalio tells FinTech Week

Investors across the world should diversify further into Chinese assets, as it opens its capital markets and challenges the US in areas ranging from trade to technology, American billionaire investor Ray Dalio said.

Investors across the world should diversify further into Chinese assets, as it opens its capital markets and challenges the United States in areas ranging from trade to technology, American billionaire investor Ray Dalio said on Monday.

“The world is overweight in … US and European assets relative to Chinese assets,” he said during a Hong Kong FinTech Week webinar. Dalio is the founder of Westport, Connecticut-based hedge fund Bridgewater Associates, the world’s biggest such firm. Bridgewater has US$138 billion worth of assets under management currently.

“The interest rate differentials are favourable, the growth rate differentials are favourable. A big element is going to be order, internal order, and so far that’s pretty favourable,” he said of China, adding that the country’s handling of the Covid-19 pandemic exemplified its stronger ability to maintain an orderly society when compared with western democracies.

Dalio has a large following in China’s business circles, and “a significant portion” of his investment portfolio is in the country. He said he favoured Chinese bonds to US ones because China’s currency was set to benefit from huge capital inflows as Beijing opened its financial markets to the world.



Shipping containers from China and other Asian countries are unloaded at the Port of Los Angeles in Long Beach, California. China has become the engine of global economic growth as the US and Europe have struggled to contain new waves of coronavirus infections.


His remarks came amid a new low in relations between Beijing and Washington, which have disagreed this year over a host of issues, ranging from the origin of the coronavirus to a national security law in Hong Kong to US sanctions against Chinese technology giants.

The US presidential election on Tuesday has also driven a more hostile attitude towards China in both the Democratic and Republican camps. Meanwhile, China has also become the engine of global economic growth this year, as the US and Europe have struggled to contain new waves of coronavirus infections.

China’s rise and its subsequent competition with the US was one of the three biggest factors shaping the world currently, Dalio said. The other two were the global debt cycle, which started in the aftermath of the 2008 global financial crisis, and the polarisation of political views globally.

The yuan could, meanwhile, become a viable reserve currency much sooner than anyone expects, Dalio said, as its importance could rise slowly at first and then accelerate when investors realise they no longer desire US debt as much as they did before.

China GDP: economy grew by 4.9 per cent in third quarter of 2020


But the change was unlikely to happen overnight, and would take quite some time, as China still retained a firm grip on the yuan’s exchange rate despite years of efforts to internationalise the currency.

Zhou Xiaochuan, a former reformist governor of China’s central bank, said last week that it was time for Beijing to loosen its capital account controls to facilitate the international use of the yuan, and called for consistency in the country’s currency policies.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
China Accuses US of Violating Trade Truce
Panama Port Owner Balances US-China Pressures
France Implements Nationwide Outdoor Smoking Ban to Protect Children
German Chancellor Merz Keeps Putin Guessing on Missile Strategy
Mandelson Criticizes UK's 'Fetish' for Abandoning EU Regulations
British Fishing Boat Owner Fined €30,000 by French Authorities
Dutch government falls as far-right leader Wilders quits coalition
Harvard Urges US to Unfreeze Funds for Public Health Research
Businessman Mauled by Lion at Luxury Namibian Lodge
Researchers Consider New Destinations Beyond the U.S.
53-Year-Old Doctor Claims Biological Age of 23
Trump Struggles to Secure Trade Deals With China and Europe
Russia to Return 6,000 Corpses Under Ukraine Prisoner Swap Deal
Microsoft Lays Off Hundreds More Amid Restructuring
Harvey Weinstein’s Publicist Embraces Notoriety
Macron and Meloni Seek Unity Despite Tensions
Trump Administration Accused of Obstructing Deportation Cases
Newark Mayor Sues Over Arrest at Immigration Facility
Center-Left Candidate Projected to Win South Korean Presidency
Trump’s Tariffs Predicted to Stall Global Economic Growth
South Korea’s President-Elect Expected to Take Softer Line on Trump and North Korea
Trump’s China Strategy Remains a Geopolitical Puzzle
Ukraine Executes Long-Range Drone Strikes on Russian Airbases
Conservative Karol Nawrocki wins Poland’s presidential election
Study Identifies Potential Radicalization Risk Among Over One Million Muslims in Germany
Good news: Annalena Baerbock Elected President of the UN General Assembly
Apple Appeals EU Law Over User Data Sharing Requirements
South Africa: "First Black Bank" Collapses after Being Looted by Owners
Poland will now withdraw from the EU migration pact after pro-Trump nationalist wins Election
"That's Disgusting, Don’t Say It Again": The Trump Joke That Made the President Boil
Trump Cancels NASA Nominee Over Democratic Donations
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OnlyFans for Sale: From Lockdown Lifeline to Eight-Billion-Dollar Empire
Mayor’s Security Officer Implicated | Shocking New Details Emerge in NYC Kidnapping Case
Hegseth Warns of Potential Chinese Military Action Against Taiwan
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Jamie Dimon Warns U.S. Bond Market Faces Pressure from Rising Debt
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Taylor Swift Gains Ownership of Her First Six Albums
Bangkok Ranked World's Top City for Remote Work in 2025
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
White House Press Secretary Criticizes Harvard Funding, Advocates for Vocational Training
France to Implement Nationwide Smoking Ban in Outdoor Spaces Frequented by Children
×