A student of Friedrich Hayek,[1] he was a member of Wang Jingwei's Reorganization Group and served as the head of the Customs Administration under the Ministry of Finance from 1950 to 1969.

[2] While in Taiwan, Chou promoted liberalism and Hayekian thought, using Wistaria Tea House as a center for intellectual discussions.

Prominent participants included Chang Fo-chuan, Yin Haiguang, Hsia Tao-ping, Hsu Tao-lin, and Li Ao.

In contrast, he criticized Chiang Kai-shek and Zhang Xueliang, asserting that neither had initially intended to resist Japan.

[7] Chou wrote his autobiography, *Storm and Pen: My Life and the Kuomintang* (Chinese: 落筆驚風雨：我的一生與國民黨的點滴), but only completed the section covering his tenure at Hunan University.