Council on Foreign Relations 25d ago

“When current account surpluses are massive, as China's are, that money has to find someplace to go. And so China's buying stuff all over the place,” says CFR expert Sebastian Mallaby, examining the purchase of brands like Blue Bottle, Everlane, and Volvo. Watch the latest episode of The Spillover hosted by Sebastian Mallaby and Rebecca Patterson here: https://youtu.be/nsHgtD6410s?si=xFRJzOQLpq4c1-D7 Subscribe to our channel: https://goo.gl/WCYsH7 This work represents the views and opinions solely of the author. The Council on Foreign Relations is an independent, nonpartisan membership organization, think tank, and publisher, and takes no institutional positions on matters of policy. Visit the CFR website: http://www.cfr.org Follow CFR on X: http://www.twitter.com/cfr_org Follow CFR on Facebook: https://www.facebook.com/councilonforeignrelations/