Ray Dalio has spent 42 years visiting China, building relationships with senior officials and studying its political history back to 221 BCE. But after a recent 10-day trip to Beijing—part of a monthlong tour of Asia—the Bridgewater Associates founder says something has changed, and changed fast.
“Over the past few months there has been a big shift in the world order,” Dalio wrote in a sweeping essay published June 18 on LinkedIn, where his newsletter has 750,000 subscribers. (A truncated version of the piece also previously appeared in the Financial Times.)
