'Who Killed the Chinese Economy?' with CWP alum Zongyuan Zoe Liu on the The Foreign Affairs Interview podcast

There is no doubt that China’s economy is struggling. After Chinese President Xi Jinping ended the country’s zero-COVID policy a year ago, most economists expected growth to surge—but that never really happened, and deeper problems became apparent. So what are the exact causes of China’s stagnation? 

The economists Adam Posen, Zongyuan Zoe Liu, and Michael Pettis each have different answers. China’s future—and the future of the United States’ policy toward China—hinges on which of their answers is the right one.

Foreign Affairs Executive Editor Justin Vogt spoke with them at a November 14 discussion co-hosted by the Peterson Institute for International Economics, of which Posen is president. Liu is the Maurice R. Greenberg fellow for China studies at the Council on Foreign Relations. Pettis is a senior fellow at the Carnegie China Center and professor of finance at Peking University. 

The Foreign Affairs Interview - Dec 7, 2023  - Bonus: Who Killed the Chinese Economy?

Zongyuan Zoe Liu is Maurice R. Greenberg fellow for China studies 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).

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