Cathie Wood Is More Optimistic Than Pessimistic About China
- Ark consolidating positions in Chinese logistics firms
- Wood says Tesla’s AI expertise gives it the “pole position”
This article is for subscribers only.
Cathie Wood said she’s more optimistic than pessimistic about China in the long run.
“I’m not pessimistic about China longer run because I think they’re a very entrepreneurial society,” the head of Ark Investment Management said in an interview on Bloomberg Radio Tuesday. “Sure, the government is putting more rules and regulations in, but I don’t think the government wants to stop growth and progress at all.”