State enterprises and the state may generate around 40 % of Russian GDP
Russia State enterprises and the state may generate around 40 % of Russian GDP Rosstat reports that in recent years 11–12 % of revenues of all firms and organisations (excluding funding received fro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
State gives small income hikes and tiny tax reliefs to Russians
Russia State gives small income hikes and tiny tax reliefs to Russians Wages and pensions paid out of government budgets at various levels fell sharply in real terms in 2014–16 on small nominal cost...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Drought leads to hydropower production issues and restrictions on electricity use in China
China Drought leads to hydropower production issues and restrictions on electricity use in China China experienced a record heat wave in recent weeks that led to record high temperatures and drought...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Inflation in China remained subdued in March
China Inflation in China remained subdued in March March consumer prices rose by just 1.5 % y-o-y, well below the inflation rates seen for example in the euro area and the United States. Food p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Swings in yuan-dollar exchange rate get larger
Swings in yuan-dollar exchange rate get larger Last August’s foreign exchange overhaul was designed to allow larger swings in the yuan-dollar exchange rate. The People’s Bank of China has accomplishe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
China’s structural shift and economic slowdown profoundly impact global economy
China’s structural shift and economic slowdown profoundly impact global economy The International Monetary Fund’s semi-annual World Economic Outlook (WEO) report was released last week. The IMF lower...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian foreign trade remains very weak
Russian foreign trade remains very weak The value of Russian goods exports in the third quarter was down nearly 40 % y-o-y in dollar terms and about 25 % in euro terms. Low export prices were largely...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
New measures on school curricula and student free time
China New measures on school curricula and student free time In recent months, the government has been tightening rules regarding private schools that offer after-school tutoring. Private schools ha...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia tightens measures to slow spread of coronavirus
Russia Russia tightens measures to slow spread of coronavirus Russia’s restrictions were moderate still in March but have been now tightened considerably with the rise in COVID-19 cases. President V...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
PBoC resorts to targeted monetary easing
China PBoC resorts to targeted monetary easing On Monday (Mar. 16), the People’s Bank of China lowered the reserve requirement ratio (RRR) by 50 to 100 basis points for commercial banks whose lendin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
China strengthens its position as the world’s largest market for industrial robots
China strengthens its position as the world’s largest market for industrial robots The International Federation of Robotics (IFR) reports that about 248,000 industrial robots were sold globally last...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian government spending in stimulus mode last year
Russian government spending in stimulus mode last year Consolidated budget revenues declined last year by only about 3 % in nominal terms (the consolidated budget comprises federal, regional and...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Hong Kong’s real economy remains weak
China Hong Kong’s real economy remains weak While Hong Kong has weathered the covid-19 pandemic with relatively few infections, residents have had to deal with severe restrictions on movement and th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China and Russia most active in imposing trade barriers on EU countries
China China and Russia most active in imposing trade barriers on EU countries According to the EU’s Access2Markets database, China currently imposes 40 different trade barriers that inhibit EU goods...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Chinese officials scupper Ant Group’s IPO at the last minute; other new listings on mainland bourses increasing
China Chinese officials scupper Ant Group’s IPO at the last minute; other new listings on mainland bourses increasing The IPO of the Ant Group, Alibaba’s payment services subsidiary, was set for sim...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
China’s bourses claw back last year’s losses
China’s bourses claw back last year’s losses Share prices in China have been buoyed recently by expectations of continuing economic stimulus policies. Surprisingly strong GDP numbers, however, have d...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Large disparities in Russian regional economic development
Large disparities in Russian regional economic development Apart from the Siberia and Far East federal districts, manufacturing output has risen over the past 3−4 years continuously in Russia’s other...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
China’s urbanising, greying and soon-to-be-shrinking population
China China’s urbanising, greying and soon-to-be-shrinking population China National Bureau of Statistics reports that the Chinese population reached 1.395 billion at the end of December. The popula...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Monitoring of partially completed fixed investments in Russia is difficult
Russia Monitoring of partially completed fixed investments in Russia is difficult A recent study of Russia’s Accounts Chamber notes that information about partially implemented fixed investment proj...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
EU ban on imports of Russian coal goes into effect
Russia EU ban on imports of Russian coal goes into effect The EU’s ban on imports of Russian coal entered into force on August 10. The EU decision to ban Russian coal, which was made last April, inc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022