"China’s Tech Funders Worry They Could Be The Next Silicon Valley Bank" - By CWP Alum Zongyuan Zoe Liu

The downfall of Silicon Valley Bank (SVB) initially rattled China’s tech startups and venture capitalists (VCs). Thus far, its direct impact on China’s tech and venture capital industries has been minimal. Nonetheless, the second biggest bank failure in U.S. history serves as a warning to Chinese policymakers and banks that a lack of risk management and inadequate regulatory oversight creates a toxic brew that can overflow quickly.

APRIL 26, 2023, 11:18 AM - https://foreignpolicy.com/2023/04/26/china-tech-silicon-valley-bank-inflation-economy/

Zongyuan Zoe Liu is a fellow for international political economy at the Council on Foreign Relations (CFR). Her work focuses on international political economy, global financial markets, sovereign wealth funds, supply chains of critical minerals, development finance, emerging markets, energy and climate change policy, and East Asia-Middle East relations. Dr. Liu’s regional expertise is in East Asia, specifically China and Japan, and the Middle East, specifically Gulf Cooperation Council countries. Dr. Liu is the author of Can BRICS De-dollarize the Global Financial System? (Cambridge University Press) and Sovereign Funds: How the Communist Party of China Finances its Global Ambitions (Harvard University Press, forthcoming 2023).

Photo Credit: By Minh Nguyen - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=129577575