Russia tries to strengthen import substitution policy
Russia Russia tries to strengthen import substitution policy In February, Russia’s ministry of industry and trade released a draft decree which would limit public procurement. The decree would requi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
NPC elects to restrain growth in budget spending this year
China NPC elects to restrain growth in budget spending this year The National People’s Congress took up last year’s realised budget and approved this year’s proposed budget. According to the finance...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Massive public spending on rescuing China’s troubled banks
China Massive public spending on rescuing China’s troubled banks Policy measures adopted to deal with the coronavirus pandemic, debtor problems in servicing loans and banks bracing for a rise in non...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Financial woes of Russian regions begin to bite
Financial woes of Russian regions begin to bite Researchers at the Development Centre at Moscow’s Higher School of Economics report combined regional budget deficits this year could reach as much as ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
China’s labour markets dealing well with lower economic growth
China’s labour markets dealing well with lower economic growth About 13 million new jobs were created last year in urban areas. That number well exceeded the government’s target of 10 million urban j...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Growth of China’s economy appears to be stabilising
Growth of China’s economy appears to be stabilising China National Bureau of Statistics reports that the country’s GDP grew by 4.9 % y-o-y in the third quarter, down from an average of 5.5 ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Latest forecasts show China putting the covid-19 crisis behind it, even as other emerging economies struggle
China Latest forecasts show China putting the covid-19 crisis behind it, even as other emerging economies struggle According to both the IMF’s just-released World Economic Outlook update and the Wor...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China’s central bank continues monetary easing and liberalisation of interest rates
China’s central bank continues monetary easing and liberalisation of interest rates On Tuesday (Aug. 25), the People’s Bank of China announced a rate cut of 25 basis points. The reference one-year l...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Chinese 2013 GDP figures revised up
Chinese 2013 GDP figures revised up On December 19, China’s National Bureau of Statistics, as expected, revised up its assessment of the 2013 national accounts based on its third economic census of i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
WTO warns of rising protectionism ahead of G20 summit
China WTO warns of rising protectionism ahead of G20 summit On Monday (Jun. 24), the World Trade Organization released its 21st Monitoring Report on G20 trade measures. New measures to restrict impo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
China’s economic growth settled in third quarter
china,economy,GDP,BOFIT Weekly Review China’s economic growth settled in third quarter China’s National Bureau of Statistics (NBS) reports that real GDP grew by 4.6 % y-o-y in the third quarter, a s...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russian production and imports recovered, government still posts large deficit
Russian production and imports recovered, government still posts large deficit INCREASES IN PRODUCTION, CONSUMPTION, EMPLOYMENT AND IMPORTS The Russian economy has recovered from the downturn of spri...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Lower growth in China's debt ratio
China Lower growth in China's debt ratio The People's Bank of China reports that its broad measure of credit, Total Social Financing (TSF), was up 12 % y-o-y in December. The TSF stock rose ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Structure of Chinese economy keeps evolving
Structure of Chinese economy keeps evolving Demand-side factors in the just-released 2014 GDP figures show that private and public consumption corresponded to over half of China’s GDP for the first ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian central bank lowers its key rate; growth in corporate borrowing slows
russia,BOFIT Weekly Review,economy Russian central bank lowers its key rate; growth in corporate borrowing slows At its regular meeting on June 6, the Central Bank of Russia’s board of directors dec...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
No evidence of an impact from recent stimulus measures in China’s July-August investment figures
China No evidence of an impact from recent stimulus measures in China’s July-August investment figures China’s official economic figures for August show no large changes in economic circumstances re...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
United States and China announce limited measures to promote more open markets
United States and China announce limited measures to promote more open markets During president Xi's visit to the US last month, the countries agreed to engage in talks over the next 100 days on ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Chinese inflation remains remarkably low
Chinese inflation remains remarkably low China’s National Bureau of Statistics (NBS) reports that the 12-month rise in consumer prices slowed to just 1 % in February. Consumer prices were up by ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Uncertainty over foreign aid clouds Ukraine’s otherwise better-than-expected economic performance
#ukraine Uncertainty over foreign aid clouds Ukraine’s otherwise better-than-expected economic performance Ukraine’s macroeconomic situation relatively stable Preliminary figures from the State Stat...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Ruble sinks even as Russia’s current account surplus grows
Ruble sinks even as Russia’s current account surplus grows Current account surplus increased in the third quarter Preliminary figures released by the Central Bank of Russia show the country’s third-q...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023