By Carolina MandlGREENWICH, Connecticut (Reuters) - Ray Dalio, founder of hedge fund Bridgewater Associates, said on Tuesday that the relationship between China and the United States is "on the brink of red lines," although he does not see a war on the way.
Speaking at the Greenwich Economic Forum, Dalio said that there are irreconcilable differences between the world's two biggest economies, citing as examples the independence of Taiwan, the battle for chips and geopolitics.
"U.S.-China relationship relations are in a number of areas on the brink of red lines," he told the audience of investors, adding that a war is unlikely.
A China enthusiast and investor, Dalio has helped Bridgewater build a relevant hedge fund in the world's second-biggest economy.
Relations between Washington and Beijing have been under increasing strain over spying allegations, human rights, China's industrial policies and U.S. export bans on advanced technologies.
Persons:
Ray Dalio, Dalio, Carolina Mandl, William Maclean, Matthew Lewis
Organizations:
Bridgewater Associates, Greenwich Economic, Bridgewater, Federal, Carolina
Locations:
Carolina Mandl GREENWICH , Connecticut, China, United States, Greenwich, Taiwan, U.S, Washington, Beijing, Greenwich , Connecticut