Dalio’s fund, Bridgewater Associates, has increased its investment in the Chinese stock market even as Beijing cracks down on capitalist ventures.
He pointed that in the aftermath of the global pandemic and lockdowns, China's economy has been "the strongest economy in the world by far."
Former Fed chairman says fighting the pandemic has been more painful than expected, but growth may quickly find a way around inflationary threats.
There are four factors at play, Lefkovich says: the Federal Reserve’s discussion on tapering, rising inflation, pressure on profit margins and taxes.