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Sovereign Funds: How the Chinese Communist Party Finances Its Ambitions

October 5, 2023 @ 4:00 pm PDT

No other country in history has so rapidly transformed from being among the world’s poorest and most isolated to one of the world’s largest economies. For the last two decades, China’s sovereign funds have played a significant role in China’s economy, mitigating financial crises and tempering exogenous shocks. In this talk, Zoe Liu will discuss how sovereign funds have supported China’s industrial policies by financing the state’s procurement of strategic overseas assets, bankrolling Chinese enterprises’ mergers and acquisitions abroad, and sponsoring the development of indigenous Chinese technology startups.


Research Centers
21st Century China Center