The billionaire also predicted that the Chinese economy will overtake the US in size to become much more powerful. via RT Headline Image: © Getty Images / jcrosemann China is winning the economic competition against the United States, according to Ray Dalio, the founder of the world's largest hedge-fund firm, Bridgewater Associates. When asked by the BBC on Thursday whether China was beating the US, Dalio said: "Yes, it's winning." "Their growth rate at a slow level is about twice the Western world's growth rate at a fast level." The billionaire also predicted that the Chinese economy will overtake the US in size to become much more powerful. "[China is] four times the size population-wise [than] the United States. So, if its per capita income was half the size, the [economy] as a whole would be twice the size. "So yes, that's the character of the environment where it's [China is] winning and it has a lot more likelihood of being much larger, stronger in most ways." Dalio has been