China didn’t grab many headlines at Davos, but it’s the elephant in the room

Flags flutter during the 56th annual World Economic Forum (WEF) meeting, in Davos, Switzerland, January 19, 2026. Denis Balibouse | Reuters BEIJING — While high-profile world leaders in Davos last week opined on U.S. claims to Greenland, China’s envoy reiterated calls for cooperation. Businesses and analysts in China said the developments highlighted an opportunity for…

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Ray Dalio fears ‘capital wars’ due to Trump actions, with nations dumping U.S. assets

Billionaire investor Ray Dalio warned Tuesday that President Donald Trump’s aggressive political direction could spark a new phase of global financial conflict, as foreign governments and investors reconsider their appetite for U.S. assets amid rising unease and economic tensions. “On the other side of trade deficits and trade wars, there are capital and capital wars,” Dalio…

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