Peterson Institute for International Economics
Recent News About Peterson Institute for International Economics
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Nicholas J. Lardy announced President Xi Jinping's recent assurances to U.S. CEOs conflicts with new data, revealing that, for the first time, foreign firms in China are net sellers of existing investments, exceeding $100 billion in outflows during Q1-Q3 2023, driven by United States-China tensions and Beijing's regulatory measures. This unprecedented change is a consequence of increasing geopolitical tension and regulatory pressures within China's economic environment. Lardy is a non-resident senior fellow at the Peterson Institute for International Economics (PIIE).
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A recent study conducted by the Peterson Institute for International Economics (PIIE) finds that although there is a possibility that the rate of economic expansion around the world could slow down significantly, a recession is not currently anticipated to occur.