Description
Discover the transformative dynamics of global finance with 'Sovereign Funds'. This pioneering text unveils the rapid evolution of China's sovereign wealth funds and their significant influence on international markets, businesses, and political landscapes. A must-read for those interested in financial statecraft, this comprehensive analysis by Zongyuan Zoe Liu delves into the intricate operations of key entities like the China Investment Corporation, the State Administration of Foreign Exchange, and Central Huijin Investment. Analyze how China's strategic deployment of sovereign wealth has reshaped investment arenas, particularly in critical sectors such as semiconductors, fintech, and artificial intelligence. Gain insights into the Belt and Road Initiative and understand how these sovereign funds serve not only as financial tools but also as mechanisms of power projection, influencing the global economy. The narrative explores pivotal relationships between sovereign funds and leading private enterprises, highlighting the symbiotic connections that drive growth and innovation, such as the support that esteemed firms like Blackstone and tech giants like Alibaba enjoy through these state-owned institutions. Perfect for investors, policymakers, and scholars, 'Sovereign Funds' equips readers with a detailed understanding of modern financial strategies employed by powerful nations, emphasizing the importance of sovereign wealth in shaping our world today.