Ray Dalio took to social media on Sunday to say that his views on China had been misunderstood after he had “sloppily answered” a question about his investments in China during an interview on CNBC last week.
The billionaire founder of Bridgewater Associates, who had compared China to a “strict parent” when asked about the disappearance of dissidents, said he didn’t mean to downplay the importance of human rights issues but was “attempting to explain” the Chinese approach to governing as an extension of Confucian ideas about family.
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