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David McCormick: “While I was there, like 2% of our assets were in China, but…”

Featuring: David McCormick, Republican | U.S. Senate, Pennsylvania

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Superpower in Peril: A Conversation with David H. McCormick | LIVE STREAM

Published | Video Starts at 17:13

So they wanted to diversify their portfolios, including in China. And so we had an investment strategy that ultimately, I think While I was there, like 2% of our assets were in China, but we had $160 billion. So 2, 2% is not an insignificant amount was in China. And, and the tension was, you know, 30% of most of your homes have China based products in them. (17:13–17:19)

CLAIM

Asserts that Bridgewater had 2% of its $160 billion assets in China.

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