American political attitudes towards China’s Communist Occasion regime have modified dramatically prior to now half-decade, and for good motive. However some on Wall Avenue are nonetheless residing within the Nineties.
Bridgewater founder Ray Dalio was particularly tone-deaf in a CNBC look this week. Requested about his investments in China and Beijing’s human-rights abuses, the billionaire drew an equivalence with the U.S. “I take a look at the US, and I say, nicely, what’s occurring in the US and may I not spend money on the US” due to “our personal human-rights points, or different issues?”