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6min chapter
Mohnish Pabrai's Q&A with members of the Finance and Investment Cell at SRCC, Delhi on June 14, 2023
Chai with Pabrai
The Importance of Investing in China
Ray Dalio: China has had a spectacular run in terms of the number of people lifted from poverty since the 1970s. One of the negatives that China is now dealing with is negative population growth, he says. The average couple needs to have 2.1 kids or population to neither grow nor drop - and Japan has been below that for a long time. But when you add immigration to the United States, we would have a declining population if it wasn't for birth rate over 2.1.
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