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.

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.

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.

Zhongyuan Zoe Liu is een wereldexpert op het gebied van China's rol in de scheepvaart en verbonden aan de Council on Foreign Relations. Frans-Paul van der Putten is een historicus bij Klingendaal, gespecialiseerd in de geopolitiek van China. Ze bespreken China's enorme invloed in de wereldwijde containervaart, met aandacht voor strategische havens en de rol van de China Ocean Shipping Company. Ook wordt de impact van vloeibaar aardgas en de strategie van Chinese bedrijven op nationale veiligheid en wereldhandel belicht. De machtsverschuiving in de scheepvaartsector en de gevolgen voor westerse landen komen ook aan bod.

In this engaging discussion, Zongyuan Zoe Liu, a Maurice R. Greenberg fellow at the Council on Foreign Relations and an expert on China's economy, dives into the future of the global financial system. She examines China's serious ambitions to challenge the US dollar's dominance through the rise of the renminbi, especially in light of geopolitical tensions. Liu sheds light on how new energy markets and the Belt and Road Initiative could reshape international trade. She also discusses the impact of China's declining population on its economy and the electric vehicle market.