Zongyuan Zoe Liu, Senior Fellow for China Studies at the Council on Foreign Relations, is Adjunct Assistant Professor of International and Public Affairs at Columbia University’s School of International and Public Affairs and the author of Can BRICS De-dollarize the Global Financial System? (Cambridge University Press, 2022) and Sovereign Funds: How the Communist Party of China Finances Its Global Ambitions (Harvard University Press, 2023), which won the 2024 PROSE Award in Business, Finance, and Management. Her research focuses on international finance, sovereign wealth funds, industrial policies, and the geoeconomics of the energy transition.