Ray Dalio, founder of Bridgewater Associates, has reportedly voiced concerns about the United States' waning global influence as China continues to grow in wealth and power, as President Donald Trump concluded his two-day state visit to the Asian country.
Perception Of US As A Dependable Ally Shifting, Says Dalio According to a Fortune report, Dalio pointed out that the perception of the U.S. as a dependable ally is shifting.
After spending a month in Asia, including 10 days in China, Dalio noted that countries are increasingly skeptical of the US's commitment to defending its interests.
This comes as President Donald Trump met with China's Xi Jinping, amid a stalemate in the US-Iran conflict.
Dalio's insights carry weight due to his extensive experience in China with Bridgewater, the largest hedge fund globally.
