Others observers have dismissed the suggestion that China would sell U.S. Treasurys to gain an upper hand in the trade war.
When repeatedly asked whether China could weaponize its ownership of Treasurys in its trade war with the U.S., Ray Dalio said: "I wouldn't rule it out."But Dalio, founder of the world's largest hedge fund Bridgewater Associates, says Washington and Beijing could reach a stage where they look to inflict "maximum harm" on each other as their fight worsens.
Ray Dalio, founder of investment firm Bridgewater Associates, speaking at the WEF in Davos, Switzerland on Jan. 22, 2019.
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