Ray Dalio on China's Rise and U.S.-China Relations | NCUSCR Gala Dinner 2019

Introduction and Presentation of Honoree Award by Evan Greenberg, Chairman and Chief Executive Officer, Chubb Limited and Chubb Group. Ray Dalio's remarks begin at 05:34. At this year's gala, the National Committee on U.S.-China Relations honored Ray Dalio, founder, co-chief investment officer, and co-chairman of Bridgewater Associates, LP. As the world's largest hedge fund, Bridgewater represents an important and influential presence in global economic relations. Ray is also the author of the bestseller "Principles: Life and Work." The evening also featured special remarks from Dr. Henry Kissinger, as well as the National Committee's Chair of the Board Carla Hills and its President Stephen Orlins. Dr. Henry Kissinger's remarks: https://ncuscr.video/gala-kissinger Full video of NCUSCR's 2019 gala dinner: https://ncuscr.video/gala19 Ray Dalio and Bridgewater have been deeply involved in the evolution of the Chinese economy and markets for 35 years. He was drawn to China at first by curiosity and later by a deep affection for the Chinese people and culture. His earliest visit was in 1984 as a guest of CITIC, when the company invited Ray to teach them how the financial markets work and to help them develop their financial system. He visited China for many years just for the pleasure of it, but eventually Ray and Bridgewater began managing investments and providing advice to China’s top investment institutions and senior policymakers; in 2003 he began trading in Chinese markets. Over the past year and a half, Bridgewater has launched two All Weather China strategies: one for non-Chinese institutional investors to gain exposure to Chinese assets, and the other for domestic investors in China. Bridgewater has followed the development of China’s markets as they have opened up, and the firm has secured licenses to access that allow it to increase diversification locally. Bridgewater maintains offices in Beijing and Shanghai. Learn more about Ray Dalio: http://www.ncuscr.org/gala