How Long to Read Sovereign Funds

How Long Does it Take to Read Sovereign Funds?

It takes the average reader 4 hours and 59 minutes to read Sovereign Funds by Zongyuan Zoe Liu

Assuming a reading speed of 250 words per minute. Learn more

Description

The first in-depth account of the sudden growth of China’s sovereign wealth funds and their transformative impact on global markets, domestic and multinational businesses, and international politics. One of the keys to China’s global rise has been its strategy of deploying sovereign wealth on behalf of state power. Since President Xi Jinping took office in 2013, China has doubled down on financial statecraft, making shrewd investments with the sovereign funds it has built up by leveraging its foreign exchange reserves. Sovereign Funds tells the story of how the Communist Party of China (CPC) became a global financier of surpassing ambition. Zongyuan Zoe Liu offers a comprehensive and up-to-date analysis of the evolution of China’s sovereign funds, including the China Investment Corporation, the State Administration of Foreign Exchange, and Central Huijin Investment. Liu shows how these institutions have become mechanisms not only for transforming low-reward foreign exchange reserves into investment capital but also for power projection. Sovereign funds are essential drivers of the national interest, shaping global markets, advancing the historic Belt and Road Initiative, and funneling state assets into strategic industries such as semiconductors, fintech, and artificial intelligence. In the era of President Xi, state-owned financial institutions have become gatekeepers of the Chinese economy. Political and personal relationships with prestigious sovereign funds have enabled Blackstone to flourish in China and have fueled the ascendance of private tech giants such as Alibaba, Ant Finance, and Didi. As Liu makes clear, sovereign funds are not just for oil exporters. The CPC is a leader in both foreign exchange reserves investment and economic statecraft, using state capital to encourage domestic economic activity and create spheres of influence worldwide.

How long is Sovereign Funds?

Sovereign Funds by Zongyuan Zoe Liu is 289 pages long, and a total of 74,851 words.

This makes it 98% the length of the average book. It also has 91% more words than the average book.

How Long Does it Take to Read Sovereign Funds Aloud?

The average oral reading speed is 183 words per minute. This means it takes 6 hours and 49 minutes to read Sovereign Funds aloud.

What Reading Level is Sovereign Funds?

Sovereign Funds is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Sovereign Funds?

Sovereign Funds by Zongyuan Zoe Liu is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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