Trucks travel past containers at the Yangshan Deep Water Port in Shanghai, China January 13, 2022. Picture taken January 13, 2022.
Image Source: 
REUTERS/Aly Song
Featured

Export controls against Russia are working—with the help of China

Martin Chorzempa (PIIE)

Export restrictions are biting Russia’s economy. Imports from sanctioning countries have plummeted, but, surprisingly, so have those from non-sanctioning countries, including China. China and other countries inclined to help Russia have evidently decided that it may be prudent not to try.

The Peterson Institute for International Economics building is open on a limited basis. Employees and visitors must be fully vaccinated, with a booster shot, and verify vaccination records before entering the building by registering with CrowdPass, a HIPAA-compliant web application service.

Photo Credit: 
REUTERS/Aly Song

Featured

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From Our Experts

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Adam S. Posen

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Brexit Britain in a changing global economy
Business and trade are in our national interest
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Jean Pisani-Ferry

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The war in Ukraine is likely to worsen Europe’s economic problems
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Chinese nationals have become targets for violence as China deepens its international reach
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April 22, 2022
At this critical juncture for the global economy and monetary policy, the Peterson Institute for International Economics is convening central bankers and finance officials from around the world for our annual Macro Week—a series of speeches and onstage discussions moderated by PIIE president Adam S...
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Bookstore

The United States vs. China: The Quest for Global Economic Leadership

C. Fred Bergsten (PIIE)

April 2022
Facing Up to Low Productivity Growth

Facing Up to Low Productivity Growth

Edited by Adam S. Posen (PIIE) and Jeromin Zettelmeyer (PIIE)

February 2019