Trucks travel past containers at the Yangshan Deep Water Port in Shanghai, China January 13, 2022. Picture taken January 13, 2022.
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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.

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