The more insular china becomes, actually, the less competitive in many s it will be. I think that's why it stepped on on a this kind of mega cap stock as aggressively as it has. It realized it had just mushrooms gotten out of control and now they're coming back to exert a little control. What i will say though, is i'm a little more optimistic about the united states and other economies. So it's more of a relative sort of thing.
Ark Investment founder and CEO Cathie Wood discusses the factors behind her fund's investment in JD.com after dumping Chinese tech stocks earlier this year.
Host: Carol Massar. Producer: Paul Brennan.
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