In Ray Dalio’s online series, The Changing World Order, he wrote a precise focus piece on world history and the subsequent geopolitical and economic events. It is impressive and insightful. The key takeaway from this book, is that Ray Dalio is bullish in China. He also recently wrote an opinion piece on Financial Times (Paywall, but everyone is entitled to one free article per day).
Here I explore a few reasons why I decided to turn my attention to the East. It’s a new market, and a very huge one, so it will take a lot of hard work to begin stock picking there.
Guess Who’s Back, Tell a Friend
Here’s an interesting chart of the share of world power for the past 2000 years. China, in red, and India, in orange, had dominated for most of the 1800s. They were then overcame by the colonial powers and United States. However, over