{"title":"Zongyuan Zoe Liu","description":"\u003cp\u003eBooks by Zongyuan Zoe Liu offer insightful analysis into the complexities of global finance and international economic relations. Readers can expect thorough explorations of sovereign wealth funds, shedding light on their political and economic impact across different regions.\u003c\/p\u003e\n\n\u003cp\u003eIdeal for students and professionals alike, Liu’s works provide a balanced blend of academic rigour and accessible explanation within the \u003cem\u003eEducation \u0026amp; Reference\u003c\/em\u003e category. Her writing helps decode the often opaque world of state-controlled investment, making it essential reading for those interested in global economics and policy.\u003c\/p\u003e","products":[{"product_id":"sovereign-funds-by-zongyuan-zoe-liu-9780674299368","title":"Sovereign Funds","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cstrong\u003e\"A fascinating insight into the evolution of China's financial policy and its strategic investments using leveraged foreign exchange reserves.\" -Diane Coyle, \u003cem\u003eEnlightened Economist\u003c\/em\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\n\u003cp\u003e\"[Liu] shows that Chinese sovereign funds are so different from better-known sovereign wealth funds, such as those of the governments of Abu Dhabi and Norway, that she prefers to call them 'sovereign leveraged funds'... These various exotic workarounds, which Liu skillfully traces, produce 'shadow reserves.'\" -Andrew J. Nathan, \u003cem\u003eForeign Affairs\u003c\/em\u003e\u003c\/p\u003e\n\n\u003cp\u003e\"Follow the money, find the politics... Liu shows how China pioneered a whole new class of sovereign wealth funds.\" -\u003cem\u003eTimes of India\u003c\/em\u003e\u003c\/p\u003e\n\n\u003cp\u003eOne of the keys to China's global rise has been its strategy of deploying sovereign wealth on behalf of state power. Since President Xi Jinping took office in 2013, China has doubled down on financial statecraft, making shrewd investments with the money it has made by leveraging its foreign exchange reserves. \u003cem\u003eSovereign Funds\u003c\/em\u003e tells the story of how the Communist Party of China (CPC) became a global financier of surpassing ambition.\u003c\/p\u003e\n\n\u003cp\u003eZongyuan Zoe Liu offers a comprehensive and up-to-date analysis of the evolution of China's sovereign funds, including the China Investment Corporation, the State Administration of Foreign Exchange, and Central Huijin Investment, showing how these institutions have become mechanisms not only for transforming low-reward foreign exchange reserves into investment capital but also for power projection. Sovereign funds are essential drivers of the national interest, shaping global markets, advancing the historic Belt and Road Initiative, and funnelling state assets into strategic industries such as semiconductors, fintech, and artificial intelligence. Liu uncovers how the CPC is a leader in both foreign exchange reserves investment and economic statecraft, using state capital to encourage domestic economic activity and create spheres of influence worldwide.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":46871494099180,"sku":"9780674299368","price":47.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/1495563482428.jpg?v=1759882341"},{"product_id":"sovereign-funds-by-zongyuan-zoe-liu-9780674271913","title":"Sovereign Funds","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cstrong\u003eThe first in-depth account of the sudden growth of China's sovereign wealth funds and their transformative impact on global markets, domestic and multinational businesses, and international politics.\u003c\/strong\u003e\u003c\/p\u003e\n\n\u003cp\u003eOne of the keys to China's global rise has been its strategy of deploying sovereign wealth on behalf of state power. Since President Xi Jinping took office in 2013, China has doubled down on financial statecraft, making shrewd investments with the sovereign funds it has built up by leveraging its foreign exchange reserves. \u003cem\u003eSovereign Funds\u003c\/em\u003e tells the story of how the Communist Party of China (CPC) became a global financier of surpassing ambition.\u003c\/p\u003e\n\n\u003cp\u003eZongyuan Zoe Liu offers a comprehensive and up-to-date analysis of the evolution of China's sovereign funds, including the China Investment Corporation, the State Administration of Foreign Exchange, and Central Huijin Investment. Liu shows how these institutions have become mechanisms not only for transforming low-reward foreign exchange reserves into investment capital but also for power projection. Sovereign funds are essential drivers of the national interest, shaping global markets, advancing the historic Belt and Road Initiative, and funneling state assets into strategic industries such as semiconductors, fintech, and artificial intelligence. In the era of President Xi, state-owned financial institutions have become gatekeepers of the Chinese economy. Political and personal relationships with prestigious sovereign funds have enabled Blackstone to flourish in China and have fueled the ascendance of private tech giants such as Alibaba, Ant Finance, and Didi.\u003c\/p\u003e\n\n\u003cp\u003eAs Liu makes clear, sovereign funds are not just for oil exporters. The CPC is a leader in both foreign exchange reserves investment and economic statecraft, using state capital to encourage domestic economic activity and create spheres of influence worldwide.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47428125196524,"sku":"9780674271913","price":90.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9780674271913.jpg?v=1774767216"}],"url":"https:\/\/bookhero.pro\/collections\/zongyuan-zoe-liu.oembed","provider":"Book Hero","version":"1.0","type":"link"}