Cathie Wood is more optimistic than pessimistic about China

Cathie Wood said she was more optimistic than pessimistic about China in the long run.

“I’m not pessimistic about China in the longer term because I think it’s a very entrepreneurial company,” Ark Investment Management director said in an interview with Bloomberg Radio on Tuesday. “Of course the government is putting more rules and regulations, but I don’t think the government wants to stop growth and progress at all.”