US media: US billionaire investors rush to China at full speed

The original title of the article on the website of Forbes magazine on December 7 was: Go to your torpedo. The American billionaire investor rushed to the Chinese billionaire Rui Dalio to finance Chinese customers for 30 years at full speed. He is not going to stop now. Billionaire Howard Marks suggested that we should carefully consider the investment location in China, but he still stayed in China. Just last year, Larry Fink, CEO of BlackRock, a billionaire and the world's largest asset management company, launched a series of mutual funds catering to Chinese consumers. He has no plan to turn around and leave.
With some notable exceptions, the confidence of famous American billionaire investors in China has not been shaken. It seems that nothing can shake this confidence - epidemic control, any fraud cases involving China's stock market, the Hang Seng Index has dropped by 30% since 2019, some American enterprises have moved their production lines out of China, the United States welcomes semiconductor enterprises to leave China, and some American politicians have portrayed China as the source of COVID-19 or an inevitable military rival in the future in their continuous propaganda... All these cannot shake it.
"China will still be the most successful country in the 21st century," said Jim Rogers, a well-known international investor. In view of the cheap labor provided by China, the leadership eager for economic expansion and the dream of 1.4 billion Chinese people to become a consumer army, many billionaires are unwilling to withdraw from this process.
In November 2021, Dalio's Bridgewater Fund raised US $1.25 billion for its third China fund. Through this financing, Bridgewater has become one of the largest foreign private equity fund companies in the Chinese market. Max, the founder of Oaktree Capital, is one of the investors who expressed their willingness to basically maintain the status quo. At the Forbes 2022 Wealth Summit, the billionaire talked about the "Chinese miracle" of GDP growth more than 100 times in the past 40 years. "I believe they will not give up this," Max said. "They want to continue to maintain economic growth and hope to continue to make people happy." Fink's BlackRock did not let China's strict prevention of the epidemic stop its relevant actions. The company launched a mutual fund catering to Chinese investors last year.
It is not just billionaires who insist on investing in China. In August this year, the huge California Teachers' Retirement Fund began to look for stock investment managers focusing on China business. The fund said it currently holds about US $3.7 billion in Chinese stocks.
Kyle Buss, founder of Heyman Capital Management, a hedge fund, and a long-time critic of China's investors, said that unless the U.S. government takes action, nothing can prevent American funds from flowing into China. "I think the only way for investors to stop investing in China will be an executive order from the President or a regulatory agency," he said. "If the United States national security is entrusted to the private sector, all of us will speak Chinese tomorrow."
Rogers said, "I know the negative factors surrounding China right now. But I haven't sold any Chinese stocks. I hope I'm smart enough to buy more at the right time."