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NEW YORK – On September 4, 2025, the China General Chamber of Commerce – USA (CGCC) hosted an exclusive Leaders Roundtable featuring Ray Dalio, founder of Bridgewater Associates and author of the #1 New York Times bestseller "How Countries Go Broke: The Big Cycle" at Bank of China U.S.A.'s Manhattan headquarters.
During the roundtable discussion, Mr. Dalio shared insights from his latest work, which examines what he calls the "Big Debt Cycle" – a comprehensive framework for understanding how nations accumulate and manage sovereign debt. The book offers timely analysis as the United States, Europe, Japan, and China face significant debt challenges.
CGCC sincerely thanks Mr. Ray Dalio and CGCC community members for their participation, and extends special thanks to The Macallan, one of the world's most prestigious single malt Scotch whisky brands, for sponsoring the reception.
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About CGCC
Founded in 2005, the China General Chamber of Commerce - USA (“CGCC”) has been recognized as one of the most impactful not-for-profit organizations representing the U.S. and Chinese business communities. As an independent, non-partisan, non-governmental chamber of commerce with a mission to create value, generate economic growth and enhance cooperation, CGCC offers a broad range of programs, services, and resources to over a thousand multinational companies across the U.S.
About CGCC Foundation
Established in 2014, CGCC Foundation is a 501(c)(3) tax-exempt organization. The mission of CGCC Foundation is to deepen mutual understanding and cooperation between the United States and China through research, public charity and engagement in economic, cultural and social exchanges.