Soros Sees BlackRock’s China Investment as ‘Tragic Mistake’

The transcript discusses George Soros' Op-Ed criticizing financial firms like BlackRock for their expansion in China, highlighting risks to investors and US national security. It explores the debate on whether China's changes are merely cosmetic or indicative of a more statist approach, and the implications for growth and market opportunities.

Discuss the potential long-term consequences of the risks mentioned for investors and national security.

What does the term 'statist' imply in the context of the Chinese government's approach to the economy?