World moving to new order with China on top: Bridgewater's Dalio

Hedge fund chief says US needs to focus on education, work ethic and respect for law

20200506N Chinese drummers

China is set to emerge as the world's central economic power in the pandemic's wake, Dalio says. © Reuters

MOMOE BAN, Nikkei staff writer

NEW YORK -- Billionaire investor Ray Dalio sees the coronavirus pandemic causing a shift in the global order as momentous as that seen during the Great Depression and World War II from which China will emerge as the dominant power once the dust settles

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