2020
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BOFIT Weekly 2020/28
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BOFIT Weekly 2020/27
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BOFIT Weekly 2020/26
China
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Across-the-board lowering of global growth forecasts; IMF still sees positive GDP growth for China this year
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China’s recovery uneven across sectors
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Reciprocal trade and global sharing of responsibility top the agenda of the EU-China summit
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Official unemployment rate understates China’s true unemployment
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BOFIT Weekly 2020/25
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BOFIT Weekly 2020/24
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BOFIT Weekly 2020/23
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BOFIT Weekly 2020/22
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BOFIT Weekly 2020/21
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BOFIT Weekly 2020/20
China
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Inflation in China slows, central bank promises additional stimulus
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China showed current account deficit in first quarter
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Chinese goods exports performed surprisingly well in April, while imports from the US contracted sharply
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China’s recovery policy includes investment in “new infrastructure”
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Hong Kong’s economic outlook remains weak even with support measures
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BOFIT Weekly 2020/19
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BOFIT Weekly 2020/18
China
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Coronavirus containment measures cause China’s economy to contract for the first time in decades
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Real household incomes in China decline and unemployment rises
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China continues to support NEV manufacture and sales as part of corona stimulus
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Chinese demand unlikely to revive global oil market over the short term
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BOFIT Weekly 2020/17
Russia
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New OPEC+ agreement on oil production ceilings fails to calm markets
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IMF forecast sees sharp contraction in Russian economy this year followed by sluggish recovery next year
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First-quarter figures show contraction in Russian foreign trade and net capital outflow
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CBR sells majority stake in Sberbank to the Russian government
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BOFIT Weekly 2020/16
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BOFIT Weekly 2020/15
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BOFIT Weekly 2020/14
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BOFIT Weekly 2020/13
Russia
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BOFIT forecasts economic contraction in 2020 for Russia
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After a selective start, Russia moves to beef up economic support
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National Welfare Fund now exceeds 11 % of GDP after transfers of last year’s excess oil and gas tax earnings
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Oil prices, ruble and Moscow stock exchange all down; CBR holds key rate unchanged
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BOFIT Weekly 2020/12
China
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China’s economic output collapsed in the first two months of this year
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Over-leveraged real estate developers feel the pain from China’s housing market fall
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Only a slight decline in Chinese goods imports in January-February
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PBoC resorts to targeted monetary easing
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China’s loan stock growth continued steady in February
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BOFIT Weekly 2020/11
Russia
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Oil price collapse drives down ruble and Russian stock markets
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Russia’s proposed constitutional amendments allow president Putin to remain in power
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Russian inflation remained moderate
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Russian government sector spending increased rapidly last year; oil price drop changes outlook
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Finnish-Russian trade performed modestly last year
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BOFIT Weekly 2020/10
China
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Early indicators suggest the coronavirus caused Chinese economic activity to collapse in February
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Foreign companies operating in China report difficulties caused by the coronavirus epidemic
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China posts larger-than-expected budget deficit for 2019
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Finnish goods exports to China contracted by 1 % last year
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BOFIT Weekly 2020/09
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BOFIT Weekly 2020/08
China
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China’s efforts to contain the coronavirus epidemic significantly affect business operations
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People’s Bank of China has relaxed monetary policy only moderately to deal with the coronavirus epidemic
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China’s 4Q19 current account surplus shows modest shrinkage
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Increasing number of Chinese provinces failed to hit their growth targets last year
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BOFIT Weekly 2020/07
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BOFIT Weekly 2020/06
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BOFIT Weekly 2020/05
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BOFIT Weekly 2020/04
China
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BOFIT Weekly 2020/03
Russia
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Russian president holds annual state-of-the-nation address; government resigns unexpectedly thereafter
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Ruble appreciation continues in the first two weeks of this year
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Russian oil fund’s assets doubled last year
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Oil revenues also boost Russia’s foreign currency and gold reserves
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Rosstat predicts a decline in Russia’s population over the next two decades
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BOFIT Weekly 2020/02
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BOFIT Weekly 2020/01