George Soros says the US and China are in a cold war that ‘threatens to turn into a hot one’

Matthew Lloyd | Bloomberg | Getty Images

George Soros, billionaire and founder of Soros Fund Management LLC, looks on during an interview at the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 21, 2016.

Liberal billionaire George Soros on Thursday warned that the U.S. and China, the world’s two largest economies, are locked in a “cold war that could soon turn into a hot one.”

Belt and Road Initiative,” he said.

Soros, a major Democratic donor and critic of President Donald Trump, was speaking at a private dinner at the World Economic Forum (WEF) in Davos, Switzerland.