Zongyuan Zoe Liu

Zongyuan Zoe Liu, a Maurice R. Greenberg Fellow for China Studies at the Council on Foreign Relations and author of 'Sovereign Funds', discusses the current struggles of the Chinese economy. She highlights the 'four Ds'—demand, debt, demographics, and decoupling—as major hindrances to recovery. Liu analyzes the government's economic policies, the impact of demographic shifts on real estate, and the role of sovereign wealth funds in navigating these challenges. The conversation offers a deep look at how China’s financial strategies are shaped by both internal and external pressures.

Scott Kennedy, a senior advisor at the Center for Strategic and International Studies with 37 years of experience in China, teams up with Zongyuan Zoe Liu, a senior fellow for China Studies at the Council on Foreign Relations. They delve into the complexities of the U.S.-China trade war, discussing the ongoing tariffs, potential retaliatory measures, and the risks of escalation. They explore China's economic strategies, its focus on domestic consumption, and implications for global markets, highlighting how this trade conflict shapes not just the two nations but the world economy.

Zongyuan Zoe Liu, a Fellow for international political economy at the Council on Foreign Relations and author of 'Sovereign Funds,' discusses the intricate ways the Communist Party of China finances its global ambitions. She unpacks the evolution of sovereign wealth funds, using examples from Kuwait to Norway, and illustrates China’s unique approach shaped by political and economic strategies. Liu also dives into Central Huijin’s role in banking reforms and examines how Chinese sovereign funds navigate international partnerships, especially in the face of geopolitical tensions.

In this engaging discussion, Zongyuan Zoe Liu, a senior fellow at the Council on Foreign Relations, unpacks the implications of Mark Carney's bold declaration about a global rupture in the order. She highlights how China is navigating its role as a potential peer to the U.S. without provoking conflict. Liu also delves into China's strategies for reshaping global norms, the myths surrounding the debt-trap narrative, and the struggle for credibility in the Global South. Her insights provide a compelling view of China's evolving landscape in a post-American world.

Economists Adam Posen, Zongyuan Zoe Liu, and Michael Pettis discuss the causes of China's economic stagnation, including the lack of consumer rebound and the challenges of transitioning to a new growth model. They also explore the impact of China's foreign policy and civil-military fusion strategy, and the concept of the middle income trap on the rise and fall of the private sector.