China's Multi-Trillion Dollar Portfolio | Zongyuan Zoe Liu | Ideas Lab 21

In this episode we lift the veil on China’s often secretive system for managing its multi-trillion dollar holdings of foreign assets. Guiding us through the discussion is Dr. Zhongyuan Zoe Liu, the Maurice R. Greenberg fellow for China studies at the Council on Foreign Relations. Dr. Liu spent years researching financial reports and conducting in-person interviews with those involved in running China’s multiple “Sovereign Leveraged Funds”. We discuss how they evolved, what purposes they serve for the Communist party and why other countries may soon follow China’s lead. The interview is based on Dr. Liu’s new book: How The Communist Party of China Finances Its Global Ambitions.
#toptraders #investing #trendfollowing
Episode Summary
02:18 - Introduction to Zoe Liu and her book
05:16 - Why did she write the book?
08:30 - The build-up of China's reserves
13:55 - The key institutions and how they evolved
19:40 - A real succes?
25:09 - The origin and history of the CIC
28:26 - The evolution of CICs investment strategy
34:15 - The next stage in their evolution
38:59 - The indirect investments of CIC
41:10 - An example of the power dynamics
44:16 - The role of SAFE
53:40 - A model worth imitating?
55:20 - Could this book be written today?
57:20 - Key takeaways from Niels
Full episode can be found here:
toptradsersunplugged.com/il21
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[@dkwisdom2785]

Very insightful interview!!!

[@TopTradersUnplugged]

Glad you enjoyed it :)