China’s Crackdowns Stunt Innovation, Cathie Wood Says

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Bloomberg Markets and Finance published this video item, entitled “China’s Crackdowns Stunt Innovation, Cathie Wood Says” – below is their description.

Ark Investment Management CEO Cathie Wood, who has for months been paring holdings tied to Chinese technology giants, says the country seems to be in a state of retreat. She says China’s government crackdowns are holding back the country when it comes to innovation. Wood spoke exclusively with Bloomberg’s Sonali Basak on Aug. 13. (Source: Bloomberg)

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