News Formal

Ray Dalio says Trump's plan to block China investment should worry investors

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Ray Dalio warns the White House’s latest plan to clamp down on Chinese investment could soon become a reality. Here's why he thinks 'all market participants need to worry.'

— weighed in on the discussion by offering historical anecdotes, potential next steps, and reasons why this development shouldn't be taken lightly.

To that end, Dalio thinks that President Trump may lean on the International Emergency Economic Powers Act in order further restrict the Chinese economy. Referencing this contested period from 1935 to 1945, Dalio thinks these most recent developments are akin to "the most logical steps in this classic dangerous journey."

Today, we're in that same spot. Income inequality and political extremes are present and growing, the Federal Reserve is running out of tools to stimulate the economy, and China is starting to challenge the US' status as the de facto world power.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Trump administration pushes back against reports it's looking to limit investment in ChinaThe Trump administration has pushed back against reports that officials are looking into ways to curb US investment in China,
Source: BusinessInsider - 🏆 729. / 51 Read more »