Billionaire hedge fund manager Ray Dalio said the White House's deliberation on a block on U.S. investments in China makes him wonder if 'bigger moves' are on the way.
Cutting off capital flows to China and using sanctions to inhibit non-American financial transactions with China "must be considered as possibilities," billionaire hedge fund manager Ray Dalio said in a LinkedIn post.
"That's why the proposed step of limiting American portfolio investments in China makes me both think about the implications of this step and wonder if it is an inching toward bigger moves," Dalio said.
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