Zongyuan “Zoe” Liu
@zoe-liu.bsky.social
Senior Fellow @cfr.org; PhD, CFA. Award-winning Author. Opinion my own.
Reposted by Zongyuan “Zoe” Liu
US-China Relations: What Comes Next? Hear from our panel of experts during our Rapid Response webinar on November 3 at 12 pm ET
🌐 Thomas Christensen
🌐 @edwardfishman.bsky.social
🌐 Zongyuan Zoe Liu
🌐 Matt Turpin
🌐 @juliangewirtz.bsky.social
Watch the conversation:
youtube.com/live/PoraRsK...
🌐 Thomas Christensen
🌐 @edwardfishman.bsky.social
🌐 Zongyuan Zoe Liu
🌐 Matt Turpin
🌐 @juliangewirtz.bsky.social
Watch the conversation:
youtube.com/live/PoraRsK...
US-China Relations: What Comes Next?
YouTube video by Columbia SIPA
youtube.com
October 31, 2025 at 7:11 PM
US-China Relations: What Comes Next? Hear from our panel of experts during our Rapid Response webinar on November 3 at 12 pm ET
🌐 Thomas Christensen
🌐 @edwardfishman.bsky.social
🌐 Zongyuan Zoe Liu
🌐 Matt Turpin
🌐 @juliangewirtz.bsky.social
Watch the conversation:
youtube.com/live/PoraRsK...
🌐 Thomas Christensen
🌐 @edwardfishman.bsky.social
🌐 Zongyuan Zoe Liu
🌐 Matt Turpin
🌐 @juliangewirtz.bsky.social
Watch the conversation:
youtube.com/live/PoraRsK...
Reposted by Zongyuan “Zoe” Liu
Beijing may have learned to navigate a tariff war with the United States, but the true test lies in whether it can shift from a defensive posture to a sustainable new model of growth, argues @zoe-liu.bsky.social.
China Can Fight a Trade War, but Its Real Test Is Growth Reform
The Chinese economy has shown resilience despite external headwinds as the Trump administration ramps up its trade war, but long-term structural challenges remain.
www.cfr.org
October 27, 2025 at 9:52 PM
Beijing may have learned to navigate a tariff war with the United States, but the true test lies in whether it can shift from a defensive posture to a sustainable new model of growth, argues @zoe-liu.bsky.social.
My latest at @foreignpolicy.com explains why dollar-backed stablecoins are economic challenge and political threat viewed by the CPC. I show China's evolving policies towards blockchain and crypto. I also explain how China is most likely to respond. foreignpolicy.com/2025/08/19/c...
China Is Worried About Dollar-Backed Stablecoins
Beijing is speeding up plans to create systems it can monitor.
foreignpolicy.com
August 19, 2025 at 9:13 PM
My latest at @foreignpolicy.com explains why dollar-backed stablecoins are economic challenge and political threat viewed by the CPC. I show China's evolving policies towards blockchain and crypto. I also explain how China is most likely to respond. foreignpolicy.com/2025/08/19/c...
Reposted by Zongyuan “Zoe” Liu
Exciting news: GOD, GUNS, and SEDITION is out today in paperback!
My @cfr.org and @columbiaup.bsky.social book, co-authored with @hoffmanbruce.bsky.social, tells the story of far-right terrorism in America and beyond—a topic that sadly remains as relevant as ever. bookshop.org/p/books/god-...
My @cfr.org and @columbiaup.bsky.social book, co-authored with @hoffmanbruce.bsky.social, tells the story of far-right terrorism in America and beyond—a topic that sadly remains as relevant as ever. bookshop.org/p/books/god-...
God, Guns, and Sedition: Far-Right Terrorism in America
Far-Right Terrorism in America
bookshop.org
August 5, 2025 at 12:58 PM
Exciting news: GOD, GUNS, and SEDITION is out today in paperback!
My @cfr.org and @columbiaup.bsky.social book, co-authored with @hoffmanbruce.bsky.social, tells the story of far-right terrorism in America and beyond—a topic that sadly remains as relevant as ever. bookshop.org/p/books/god-...
My @cfr.org and @columbiaup.bsky.social book, co-authored with @hoffmanbruce.bsky.social, tells the story of far-right terrorism in America and beyond—a topic that sadly remains as relevant as ever. bookshop.org/p/books/god-...
I am happy that the paperback of "Sovereign Funds: How the Communist Party of China Finances Its Global Ambitions" is now available! Get a copy and chat with me, or to impress your in-laws! 😊 a.co/d/al0rW31
July 17, 2025 at 10:16 PM
I am happy that the paperback of "Sovereign Funds: How the Communist Party of China Finances Its Global Ambitions" is now available! Get a copy and chat with me, or to impress your in-laws! 😊 a.co/d/al0rW31
My latest piece @projectsyndicate.bsky.social explains China's sentiment to Trump's tariffs. BJ views it has weathered it well and emerged more confident, more self-reliant, and more convinced its long game is paying off. Trump's tariffs have also turbocharged China's tech ambitions.
Trump’s erratic tariff theatrics have handed the Chinese government a propaganda win and, more importantly, a strategic edge, argues @zoe-liu.bsky.social.
China Is Winning Trump’s Trade War
Zongyuan Zoe Liu explains how the US administration’s erratic tariff theatrics have given its main rival a strategic edge.
www.project-syndicate.org
July 14, 2025 at 5:07 PM
My latest piece @projectsyndicate.bsky.social explains China's sentiment to Trump's tariffs. BJ views it has weathered it well and emerged more confident, more self-reliant, and more convinced its long game is paying off. Trump's tariffs have also turbocharged China's tech ambitions.
Reposted by Zongyuan “Zoe” Liu
Next on our Forward Thinkers list is @zoe-liu.bsky.social, Senior Fellow for China Studies @cfr.org.
May 12, 2025 at 1:58 PM
Next on our Forward Thinkers list is @zoe-liu.bsky.social, Senior Fellow for China Studies @cfr.org.
Reposted by Zongyuan “Zoe” Liu
Giving China a stake in Ukraine’s reconstruction could transform it from a passive pro-Russia bystander into an active participant in peacemaking, write @zoe-liu.bsky.social and Thomas Graham.
What Role for China in Ukraine? | by Thomas Graham & Zongyuan Zoe Liu - Project Syndicate
Thomas Graham & Zongyuan Zoe Liu say that while the Chinese have benefited strategically from Russia's war, they could gain more from peace.
www.project-syndicate.org
May 9, 2025 at 7:35 PM
Giving China a stake in Ukraine’s reconstruction could transform it from a passive pro-Russia bystander into an active participant in peacemaking, write @zoe-liu.bsky.social and Thomas Graham.
Re President Xi's state visit to Russia, my colleague @cfr.org Tom Graham and I wrote @projectsyndicate.bsky.social on China's role in Ukraine. Trump said Xi can help end the war. We beg the difference. We show why China is needed for an enduring peace but cannot swiftly deliver an end to the war.
China benefits strategically as long as the war stays within Ukraine, the nuclear risk remains low, and its “unlimited partner,” Russia, does not lose, note @cfr.org's Thomas Graham and @zoe-liu.bsky.social.
What Role for China in Ukraine? | by Thomas Graham & Zongyuan Zoe Liu - Project Syndicate
Thomas Graham & Zongyuan Zoe Liu say that while the Chinese have benefited strategically from Russia's war, they could gain more from peace.
www.project-syndicate.org
May 9, 2025 at 2:04 PM
Re President Xi's state visit to Russia, my colleague @cfr.org Tom Graham and I wrote @projectsyndicate.bsky.social on China's role in Ukraine. Trump said Xi can help end the war. We beg the difference. We show why China is needed for an enduring peace but cannot swiftly deliver an end to the war.
Reposted by Zongyuan “Zoe” Liu
What's happening with the trade war and geopolitical competition with China?
Next on the @csis.org Capital Cable #112 featuring:
▪️ @zoe-liu.bsky.social
▪️ Evan Medeiros
▪️ @victordcha.bsky.social
▪️ Mark Lippert
📆 5/8 • 9:30 am EDT
Watch here:
www.youtube.com/watch?v=rQlb...
Next on the @csis.org Capital Cable #112 featuring:
▪️ @zoe-liu.bsky.social
▪️ Evan Medeiros
▪️ @victordcha.bsky.social
▪️ Mark Lippert
📆 5/8 • 9:30 am EDT
Watch here:
www.youtube.com/watch?v=rQlb...
The Trade War and Geopolitical Competition with China | The Capital Cable #112
YouTube video by Center for Strategic & International Studies
www.youtube.com
May 7, 2025 at 5:17 PM
What's happening with the trade war and geopolitical competition with China?
Next on the @csis.org Capital Cable #112 featuring:
▪️ @zoe-liu.bsky.social
▪️ Evan Medeiros
▪️ @victordcha.bsky.social
▪️ Mark Lippert
📆 5/8 • 9:30 am EDT
Watch here:
www.youtube.com/watch?v=rQlb...
Next on the @csis.org Capital Cable #112 featuring:
▪️ @zoe-liu.bsky.social
▪️ Evan Medeiros
▪️ @victordcha.bsky.social
▪️ Mark Lippert
📆 5/8 • 9:30 am EDT
Watch here:
www.youtube.com/watch?v=rQlb...
Several news stories today report that China is signaling openness to trade talks, which fits with patterns of Chinese diplomacy. As I wrote recently: "Beijing has shown a strong capacity for retaliation and a tactical openness to negotiation, but not a willingness to kowtow."
My latest @foreignaffairs.com I explain why this time Beijing, if necessary, is ready to decouple from the US. Chinese leadership harbor no illusion that China can win a trade war with the US. But they are willing to risk one that Trump might lose. www.foreignaffairs.com/china/how-ch...
How China Armed Itself for the Trade War
Beijing’s high-risk approach to its economic confrontation with Washington.
www.foreignaffairs.com
May 1, 2025 at 8:57 PM
Several news stories today report that China is signaling openness to trade talks, which fits with patterns of Chinese diplomacy. As I wrote recently: "Beijing has shown a strong capacity for retaliation and a tactical openness to negotiation, but not a willingness to kowtow."
As I argued in my latest @foreignaffairs.com article, the concentration of authority allows the Chinese leader to make sweeping policy decisions unchallenged and to reverse course just as swiftly. Re"China signals opening for trade talks with US" on.ft.com/4d7EovN
China signals opening for trade talks with US
State media message suggests softening of Beijing’s position, say analysts
on.ft.com
May 1, 2025 at 4:25 PM
As I argued in my latest @foreignaffairs.com article, the concentration of authority allows the Chinese leader to make sweeping policy decisions unchallenged and to reverse course just as swiftly. Re"China signals opening for trade talks with US" on.ft.com/4d7EovN
Reposted by Zongyuan “Zoe” Liu
Beijing has spent years preparing for an economic confrontation with Washington, writes @zoe-liu.bsky.social. “Unlike during the first Trump administration, China is now, if necessary, ready to decouple from the United States.”
How China Armed Itself for the Trade War
Beijing’s high-risk approach to its economic confrontation with Washington.
www.foreignaffairs.com
April 29, 2025 at 7:42 PM
Beijing has spent years preparing for an economic confrontation with Washington, writes @zoe-liu.bsky.social. “Unlike during the first Trump administration, China is now, if necessary, ready to decouple from the United States.”
Reposted by Zongyuan “Zoe” Liu
"the United States will always run a trade deficit with China because Americans have no desire to reclaim low-end manufacturing jobs from Chinese factories. The challenge Trump faces is how to structure that deficit in a politically durable way"
My latest @foreignaffairs.com I explain why this time Beijing, if necessary, is ready to decouple from the US. Chinese leadership harbor no illusion that China can win a trade war with the US. But they are willing to risk one that Trump might lose. www.foreignaffairs.com/china/how-ch...
How China Armed Itself for the Trade War
Beijing’s high-risk approach to its economic confrontation with Washington.
www.foreignaffairs.com
April 29, 2025 at 2:36 PM
"the United States will always run a trade deficit with China because Americans have no desire to reclaim low-end manufacturing jobs from Chinese factories. The challenge Trump faces is how to structure that deficit in a politically durable way"
My latest @foreignaffairs.com I explain why this time Beijing, if necessary, is ready to decouple from the US. Chinese leadership harbor no illusion that China can win a trade war with the US. But they are willing to risk one that Trump might lose. www.foreignaffairs.com/china/how-ch...
How China Armed Itself for the Trade War
Beijing’s high-risk approach to its economic confrontation with Washington.
www.foreignaffairs.com
April 29, 2025 at 12:30 PM
My latest @foreignaffairs.com I explain why this time Beijing, if necessary, is ready to decouple from the US. Chinese leadership harbor no illusion that China can win a trade war with the US. But they are willing to risk one that Trump might lose. www.foreignaffairs.com/china/how-ch...
I recently had the privilege of joining @bilalhafeez.bsky.social on Macro Hive to discuss a wide range of issues in the context of US-China trade tensions. I enjoyed the conversation greatly! We covered how, why, and broader implications. Check it out and share with me your thoughts! 🙂 @cfr.org
Great chat with @zoe-liu.bsky.social on all things US - China macrohive.com/hive-podcast...
Ep. 304: Zongyuan Zoe Liu on Calculated China vs Unpredictable US - Macro Hive
Alberto Gallo is Chief Investment Officer and Co-founder at Andromeda Capital Management. Prior to that, Alberto initiated and ran the Global Credit Opportunities fund at Algebris Investments.
macrohive.com
April 18, 2025 at 2:23 PM
I recently had the privilege of joining @bilalhafeez.bsky.social on Macro Hive to discuss a wide range of issues in the context of US-China trade tensions. I enjoyed the conversation greatly! We covered how, why, and broader implications. Check it out and share with me your thoughts! 🙂 @cfr.org
At a @cfr.org briefing with my distinguished colleagues, I explained how China’s leadership is prepared to respond to rising trade tensions despite not wanting a trade war and why China has the flexibility to pivot quickly. youtube.com/shorts/RtuYb...
China's been preparing for a Trump trade-war scenario for years
YouTube video by Council on Foreign Relations
youtube.com
April 13, 2025 at 4:06 AM
At a @cfr.org briefing with my distinguished colleagues, I explained how China’s leadership is prepared to respond to rising trade tensions despite not wanting a trade war and why China has the flexibility to pivot quickly. youtube.com/shorts/RtuYb...
@adamposen.bsky.social convincingly explains why the Trump admin may have chosen to go to an unwinnable trade war. "U.S. economy will suffer more than the Chinese economy will, and the suffering will only increase if the United States escalates." www.foreignaffairs.com/united-state...
Trade Wars Are Easy to Lose
Beijing has escalation dominance in the U.S.-China tariff fight.
www.foreignaffairs.com
April 10, 2025 at 5:55 AM
@adamposen.bsky.social convincingly explains why the Trump admin may have chosen to go to an unwinnable trade war. "U.S. economy will suffer more than the Chinese economy will, and the suffering will only increase if the United States escalates." www.foreignaffairs.com/united-state...
I had the privilege to write for The International Economy amid other prominent thinkers discussing the proposed Mar-a-Lago Accord. I argue it is not a magic wand. As it is envisioned, it is unlikely to achieve the desired goal of trade rebalance. Full collection in pdf:
www.international-economy.com
April 9, 2025 at 9:20 PM
I had the privilege to write for The International Economy amid other prominent thinkers discussing the proposed Mar-a-Lago Accord. I argue it is not a magic wand. As it is envisioned, it is unlikely to achieve the desired goal of trade rebalance. Full collection in pdf:
Recent events made me think of a @foreignpolicy.com piece I wrote in 2022 on how China prepares for an economic war. While this piece has aged well, I am not happy. I am saddened normal people & businesses are becoming collateral damages in great power competitions. foreignpolicy.com/2022/06/16/c...
China Is Hardening Itself for Economic War
Beijing is trying to close economic vulnerabilities out of fear of U.S. containment.
foreignpolicy.com
April 7, 2025 at 9:46 PM
Recent events made me think of a @foreignpolicy.com piece I wrote in 2022 on how China prepares for an economic war. While this piece has aged well, I am not happy. I am saddened normal people & businesses are becoming collateral damages in great power competitions. foreignpolicy.com/2022/06/16/c...
At a recent @cfr.org event, I discussed with my colleague Rush Doshi why China is NOT desperate for a deal with the Trump administration. A deal is something nice to have, but not a must have. This time China is more prepared, experienced, and capable of retaliation. youtu.be/R8wc3MUWj1Q?...
Why Trump's China tariffs could backfire
YouTube video by Council on Foreign Relations
youtu.be
April 3, 2025 at 1:31 PM
At a recent @cfr.org event, I discussed with my colleague Rush Doshi why China is NOT desperate for a deal with the Trump administration. A deal is something nice to have, but not a must have. This time China is more prepared, experienced, and capable of retaliation. youtu.be/R8wc3MUWj1Q?...
Reposted by Zongyuan “Zoe” Liu
My latest @foreignpolicy.com on what it takes to get a Trump-Xi grand bargain. To succeed in negotiations with China, Trump administration needs to present Chinese leadership with a dilemma rather than a direct confrontation. @cfr.org 🧵1/9 foreignpolicy.com/2025/01/29/t...
Can Trump Strike a Grand Deal With Beijing?
A bargain between the two superpowers could preserve global peace. But what would it cost?
foreignpolicy.com
January 29, 2025 at 7:33 PM
My latest @foreignpolicy.com on what it takes to get a Trump-Xi grand bargain. To succeed in negotiations with China, Trump administration needs to present Chinese leadership with a dilemma rather than a direct confrontation. @cfr.org 🧵1/9 foreignpolicy.com/2025/01/29/t...
Reposted by Zongyuan “Zoe” Liu
The United States needs to act now to maintain its leadership in outer space, argues a new CFR Task Force.
Read the recommendations for how to make space a national priority:
Read the recommendations for how to make space a national priority:
The United States Must Address Challenges to Its Leadership in Space
U.S. leadership in space is critical to U.S. national security, leadership, hard and soft power, and to the security and prosperity of the American people, argues a new CFR Task Force.
www.cfr.org
February 11, 2025 at 3:25 PM
The United States needs to act now to maintain its leadership in outer space, argues a new CFR Task Force.
Read the recommendations for how to make space a national priority:
Read the recommendations for how to make space a national priority:
Trump's foreign policy announcements have made me think about a game most of us have played: Monopoly. 🎩 I wrote about this in my @foreignpolicy.com piece, in the context of exploring how Trump and Xi could to redefine US-China relations.
"Chinese FDI in the US has dropped by 97% since 2016. Returning to 2016 levels, adjusted for inflation, would require approximately $35bn in new investments. Similarly, the People’s Bank of China (PBOC) has reduced its holdings of US Treasury debt by more than 1/3 since 2016"
My latest @foreignpolicy.com on what it takes to get a Trump-Xi grand bargain. To succeed in negotiations with China, Trump administration needs to present Chinese leadership with a dilemma rather than a direct confrontation. @cfr.org 🧵1/9 foreignpolicy.com/2025/01/29/t...
February 13, 2025 at 4:40 PM
Trump's foreign policy announcements have made me think about a game most of us have played: Monopoly. 🎩 I wrote about this in my @foreignpolicy.com piece, in the context of exploring how Trump and Xi could to redefine US-China relations.