Billionaire investor Ray Dalio has a solution for China, but it'll need Beijing to radically remake its own rules

Tech Insider : Economy
Ray Dalio, founder of Bridgewater Associates, speaks at a conference in New York City.
Ray Dalio, founder of Bridgewater Associates, is again promoting the idea that China should undertake a "beautiful deleveraging."

Dia Dipasupil/Getty Images

3 of China's Tesla rivals had a record month, putting pressure on Elon Musk

Tech Insider
Xpeng M03
The cheapest version of Xpeng's Mona M03 is nearly half the price of Tesla's Model 3 in China.

VCG/Getty Images

China's economic issues are so serious that even the oil market doesn't care about Middle East tensions — for now

Tech Insider : Economy
Saudi Arabia's King Salman bin Abdulaziz Al Saud and Chinese leader Xi Jinping.
China and Saudi Arabia are impacting oil prices more than Israel's actions in the Middle East.

Lintao Zhang/Getty Images

Even Xi Jinping admits China has a painful road ahead despite his new stimulus

Tech Insider : Economy
Chinese leader Xi Jinping walks to the podium during a reception at the Great Hall of the People in Beijing on the eve of National Day.
Chinese leader Xi Jinping urged China to "prepare for rainy days" ahead, even after his government announced a stimulus that set off a market rally last week.

ADEK BERRY/AFP via Getty Images

China's first home-grown airliner is seeking its first Western buyer as it takes advantage of Airbus and Boeing delays. Meet the Comac C919.

Tech Insider : Travel
A Comac C919 in the company livery.
Comac C919.

Shi Yuge/VCG via Getty Images

Biden approved Taiwan's biggest security package yet. China says the military aid won't deter it.

Tech Insider
US President Joe Biden speaks at a press conference.
US President Joe Biden will send Taiwan $567 million in military aid. It's the largest aid package ever sent to Taiwan.

Saul Loeb/AFP via Getty Images

5 titans of French luxury grew $50 billion richer in a week — and are now worth more than Costco

Tech Insider
Bernard Arnault
Bernard Arnault is the CEO of LVMH and the world's third-richest person.

Chesnot/Getty Images

China's stimulus package might not be enough to fix its economy, but it sent stock markets 8.5% higher — a gain not seen since 2008

Tech Insider : Economy, Economy
A middle-age Chinese woman in front of a stock ticker board in China.
On Monday, mainland China's benchmark CSI 300 posted its biggest gain since 2008.

Costfoto/NurPhoto/Getty Images

Young Chinese are looking for dupes and cheaper substitutes for everything from Hermès to travel

Tech Insider : Economy, Economy
Hermes bags and education books being copy and pasted over and over again.

Hermes; Getty Images; Chelsea Jia Feng/BI

Xi Jinping just fired his giant money cannon at the wrong target

Tech Insider : Economy
Xi Jinping holding a sparkler, preparing to launch a large cannon-fired Chinese Yuan Currency cash ball

iStock; Andres Martinez Casares/Getty Images; Alyssa Powell/BI

Sure, Wall Street. Go ahead. Ride the dragon.

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