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        <title>Weekly RSS</title>
       
        <link>https://www.bofit.fi/en/rss/weekly-rss/</link>
        <description><![CDATA[]]></description>
        <language>en</language>
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                    <title>Presidential meeting yields no reset in US-China relations</title>
                    <link>https://www.bofit.fi/en/monitoring/weekly/2026/vw202640_1/</link>
                    <description><![CDATA[Chinese president Xi Jinping’s state visit to the United States last week (Sept. 23–25), which appeared to be largely ceremonial, resulted in no substantial changes in relations between the two superpowers. Ahead of the presidents’ meeting, it was announced that the 12-month “ceasefire” in the trade war agreed last year would be extended to January 10, 2027. Unless otherwise agreed, measures including China’s tightened export restrictions on exports of rare earth elements (REEs) enter into force on that day. The presidents are expected to meet at two more occasions this year. President Donald Trump plans to travel China for the APEC summit in Shenzhen in mid-November, and Xi plans to return to the US to attend the G20 summit in Miami in mid-December. ]]></description>
                    <guid>https://www.bofit.fi/en/monitoring/weekly/2026/vw202640_1/</guid>
                    <pubDate>Fri, 02 Oct 2026 12:30:43 GMT</pubDate>
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                    <title>Hong Kong releases its first five-year plan</title>
                    <link>https://www.bofit.fi/en/monitoring/weekly/2026/vw202640_2/</link>
                    <description><![CDATA[On September 16, Hong Kong published its first five-year plan for economic and social development (2026–2030). The plan supports mainland China’s five-year plan for the same period. The Hong Kong special administration region (SAR) had previously not used five-year plans in guiding economic and social development as the role of the state has traditionally been significantly smaller than in mainland China. The new plan seeks to align Hong Kong’s development with China's innovation and development plans and deepen integration. Some observers worry that the introduction of a five-year plan represents an initial step towards increased government regulation and limitation of Hong Kong’s free market economy. ]]></description>
                    <guid>https://www.bofit.fi/en/monitoring/weekly/2026/vw202640_2/</guid>
                    <pubDate>Fri, 02 Oct 2026 12:29:51 GMT</pubDate>
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                    <title>Russia&#x2019;s struggles with weak economic trends and rising inflationary pressure</title>
                    <link>https://www.bofit.fi/en/monitoring/weekly/2026/vw202639_1/</link>
                    <description><![CDATA[While Russia’s output growth has slowed again in recent months, inflationary pressures have risen due in part to Ukrainian strikes on Russian infrastructure. The strikes, have translated to higher fuel prices among other things. Loose fiscal policy has also increased the risk of higher inflation. The federal government deficit continues well above the amount budgeted for the entire year. The finance ministry is currently finalising its latest three-year budget framework. Higher-than-expected government spending could alter Russia’s inflation outlook next year if the federal deficit continues to balloon. ]]></description>
                    <guid>https://www.bofit.fi/en/monitoring/weekly/2026/vw202639_1/</guid>
                    <pubDate>Fri, 25 Sep 2026 12:22:40 GMT</pubDate>
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                    <title>Chinese economic trends continue to follow two paths</title>
                    <link>https://www.bofit.fi/en/monitoring/weekly/2026/vw202638_1/</link>
                    <description><![CDATA[China National Bureau of Statistics (NBS) reports retail sales grew nominally a mere 0.4 % y-o-y in August. Real growth, which takes inflation into account, likely contracted. Retail sales growth, a rough indicator of domestic consumer activity, has remained very sluggish since late last year. NBS reports growth in services sales outpaced growth in retail goods sales (nominal growth of 4.9 % y-o-y for January-August). Combined nominal goods and services retail sales increased in the first eight months of this year by 2.5 % y-o-y. ]]></description>
                    <guid>https://www.bofit.fi/en/monitoring/weekly/2026/vw202638_1/</guid>
                    <pubDate>Fri, 18 Sep 2026 11:42:19 GMT</pubDate>
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                    <title>China moves towards a more stable real estate sector</title>
                    <link>https://www.bofit.fi/en/monitoring/weekly/2026/vw202638_2/</link>
                    <description><![CDATA[At the end of August, Chinese officials issued an extensive package of new regulations that will significantly reshape the financing model of real estate developers. The reforms aim to reduce developer reliance on sales of yet-to-be-built apartments (pre-sales) and improve legal protection of apartment buyers. Above all, the authorities seek to make the sector’s operating model less risky. ]]></description>
                    <guid>https://www.bofit.fi/en/monitoring/weekly/2026/vw202638_2/</guid>
                    <pubDate>Fri, 18 Sep 2026 11:41:17 GMT</pubDate>
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                    <title>China injects new funding for large banks and insurance companies; mergers for small rural banks</title>
                    <link>https://www.bofit.fi/en/monitoring/weekly/2026/vw202638_3/</link>
                    <description><![CDATA[On Sunday (Sept. 6), eight state-owned banks and insurance companies announced plans to arrange a directed share issue with the finance ministry acting as the share subscriber. The national tobacco company and its subsidiaries will also be subscribing to share issues for two commercial banks. The issues will raise a total of 360 billion yuan (47 billion euros or 0.2 % of GDP). At the same time, state ownership in the funded entities will increase slightly. The capital injections are designed strengthen banks’ and insurers’ balance sheets. The main justification for pumping money into banks seems to be to give them greater leeway in channelling funding to various sectors of the economy in fulfilling the government’s economic policy objectives and reverse the recent slowdown in economic growth. ]]></description>
                    <guid>https://www.bofit.fi/en/monitoring/weekly/2026/vw202638_3/</guid>
                    <pubDate>Fri, 18 Sep 2026 11:40:24 GMT</pubDate>
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                    <title>Rapid emergence of e-commerce in Russia</title>
                    <link>https://www.bofit.fi/en/monitoring/weekly/2026/vw202637_1/</link>
                    <description><![CDATA[Russian economic growth in recent years has largely been based on growth of industries supporting the war effort and rapid growth in household consumption. The increase in consumer shopping is clearly reflected in retail sales, which experienced soaring growth in 2023–2024. Retail sales growth last year slowed to 10 % y-o-y, and declined further to a 5.4 % annual pace in the first seven months of this year. E-commerce growth this year, on the other hand, has exceeded 30 %, while the share of traditional retail selling in market-square stalls has dwindled to just 2 %. ]]></description>
                    <guid>https://www.bofit.fi/en/monitoring/weekly/2026/vw202637_1/</guid>
                    <pubDate>Fri, 11 Sep 2026 11:55:56 GMT</pubDate>
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                    <title>People&#x2019;s Bank of China releases independent 5-year plan for monetary policy</title>
                    <link>https://www.bofit.fi/en/monitoring/weekly/2026/vw202636_1/</link>
                    <description><![CDATA[The five-year plan for 2026–2030 focuses on China’s emergence as an advanced financial powerhouse. While ambitious, the plan, at least according to released information, does not call for adjustments in the current monetary policy framework. Instead, the plan call for continuity to “steadily advance high-level financial opening up.” Chinese policymakers have long opened the country's financial markets cautiously through various special programmes. Unlike many government ministries and agencies, the People’s Bank of China (PBoC) has not typically published a five-year plan of its own. ]]></description>
                    <guid>https://www.bofit.fi/en/monitoring/weekly/2026/vw202636_1/</guid>
                    <pubDate>Fri, 04 Sep 2026 13:00:32 GMT</pubDate>
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                    <title>Finland goods imports from China larger than previously estimated</title>
                    <link>https://www.bofit.fi/en/monitoring/weekly/2026/vw202636_2/</link>
                    <description><![CDATA[Finnish Customs announced changes in its data collection methods last March ( press release ). Finnish Customs, which earlier only collected import data from companies operating in Finland, now also uses goods export data from other EU countries determine goods imports to Finland. According to Finnish Customs, almost all country and product categories saw adjustments in goods imports, so the new import figures are not comparable with previous years. Under the new method, Finnish Customs can generate more accurate statistics on the country of origin for goods arriving in Finland from outside the EU. ]]></description>
                    <guid>https://www.bofit.fi/en/monitoring/weekly/2026/vw202636_2/</guid>
                    <pubDate>Fri, 04 Sep 2026 12:59:29 GMT</pubDate>
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                    <title>Russia&#x2019;s diverging economic trends continue</title>
                    <link>https://www.bofit.fi/en/monitoring/weekly/2026/vw202635_1/</link>
                    <description><![CDATA[Production trends vary considerably from industry to industry Preliminary Rosstat figures show Russian GDP grew by 1.3 % y-o-y in the second quarter of 2026. Due to the contraction in economic activity early this year, GDP growth was just 0.6 % y-o-y in the first half overall. Output trends also varied substantially from branch to branch. Preliminary figures indicate that most 2Q growth was driven by higher retail sales and production of services, while production in extractive industries and construction declined by nearly 2 % y-o-y. ]]></description>
                    <guid>https://www.bofit.fi/en/monitoring/weekly/2026/vw202635_1/</guid>
                    <pubDate>Fri, 28 Aug 2026 12:46:21 GMT</pubDate>
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