The way China responds to the situation in Hong Kong will be crucial in determining how markets and U.S.-China trade talks will be affected, said David Roche, a strategist at London-based research firm Independent Strategy.
Frédéric Soltan | Corbis News | Getty Images
However, the situation would only be a "medium-sized risk" for China's economy, Dalio said, pegging the risk level at a 3 or 4, on a scale of one to 10. From a larger perspective, Hong Kong is just a "tiny place" in a "very big vibrant economy" that is China.
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