Ray Dalio, CEO of Bridgewater Associates, took to LinkedIn on Tuesday to defend his continued investments in China — a market he views as crucial for “understanding the world and for diversification” — a market he believes is a “100 years for a tenth time” if Beijing repeats Japan’s mistakes of the 1990s. In his follow-up he claimed that he is neither a fair-weather friend nor a fair-weather investor.

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Ray Dalio, CEO of Bridgewater Associates, took to LinkedIn on Tuesday to defend his continued investments in China — a market he views as crucial for “understanding the world and for diversification” — a market he believes is a “100 years for a tenth time” if Beijing repeats Japan’s mistakes of the 1990s. In his follow-up he claimed that he is neither a fair-weather friend nor a fair-weather investor.

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