With some notable exceptions, prominent billionaire American investors aren’t budging from their belief in China.
reported that the Chinese government is among Bridgewater’s biggest clients. Dalio’s firm has counted China as a client since 1993, the report said. As of last year, the hedge fund managed about $5 billion of the state’s assets. Dalio, and Bridgewater, declined to comment further.
That helps explain why Oaktree has been willing to continue doing business in China while others have grown wary.. “I don’t consider it as uninvestable. I think we’re going to continue to invest in China, but carefully, because we don't. We're not sure we know what the future holds.”
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