China's NBS updates GDP calculation methods
China's NBS updates GDP calculation methods Under the new method of GDP reckoning, corporate spending on research & development activities is treated as gross fixed capital formation rather t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Government wants to increase competition but also restrictions on public sector procurements
Government wants to increase competition but also restrictions on public sector procurements A recent economy ministry report notes that there is still plenty of room for increasing competition and t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian import growth slows further; net flow of foreign liabilities turns negative
Russia Russian import growth slows further; net flow of foreign liabilities turns negative Preliminary balance-of-payments figures show the dollar-value of Russian goods and services exports rose in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Trends weakened in many branches of the Russian economy in March
Russia Trends weakened in many branches of the Russian economy in March The economic disruption from Russia’s war on Ukraine and Western economic sanctions was reflected immediately in Russia’s fina...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
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
Russia streamlines visa rules
Russia Russia streamlines visa rules Starting on October 1, foreign visitors to Russia can get cleared for their visit to St. Petersburg or the surrounding Leningrad region simply by filling in data...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Retail sales in China slide below GDP growth target
China Retail sales in China slide below GDP growth target Retails sales, considered the most important indicator of private consumption in China, grew by less than 6 % y-o-y in real terms in Oc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China’s shows steady growth in second quarter
China’s shows steady growth in second quarter China’s National Bureau of Statistics reports that GDP grew 6.7 % y-o-y in real terms in the second quarter, a growth pace identical to the first quarter...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Foreign firms concerned about China’s new cybersecurity law
Foreign firms concerned about China’s new cybersecurity law China this month approved a new cybersecurity law set to take effect at the beginning of June 2017. Under the new law, firms operating in C...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
CBR calls for better supervision of microlenders
CBR calls for better supervision of microlenders Although lending of commercial banks to households has declined, the growth of providers of small loans at high interest is booming. Some 3,000 regist...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
China’s growth remains strong and structures continue to change
China’s growth remains strong and structures continue to change China’s National Bureau of Statistics reports that GDP grew 6.9 % y-o-y in the third quarter. For the first six months of 2015, GDP gro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
China increases surveillance of large technology firms through anti-monopoly law
China China increases surveillance of large technology firms through anti-monopoly law China has had anti-monopoly legislation to prohibit the abuse of market power for over a decade, but instances ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Slowing growth in Chinese purchasing power
China Slowing growth in Chinese purchasing power China’s National Bureau of Statistics reports that disposable incomes in urban areas rose by 8 % y-o-y in the first nine months of this year. In...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Growth of Chinese retail sales and industrial output slowed in October
China Growth of Chinese retail sales and industrial output slowed in October China’s National Bureau of Statistics reports that real growth in retail sales in October was just 4.9 % y-o-y, down...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Big trouble for China's P2P platforms
China Big trouble for China's P2P platforms About 250 online peer-to-peer lending platforms went insolvent during recent months, as investors withdrew from China's P2P lending market. The co...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
SAFE releases for the first time ever information on the structure of China’s forex reserves
China SAFE releases for the first time ever information on the structure of China’s forex reserves In its just-released annual report for 2018, China’s State Administration of Foreign Exchange (SAFE...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Pace of industrial growth in China stabilises; retail sales continue to gain steam
China Pace of industrial growth in China stabilises; retail sales continue to gain steam May on-year industrial output growth reached nearly 9 % with the strongest performances coming from high...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China restricts peer-to-peer lenders offering loans to share purchases
China restricts peer-to-peer lenders offering loans to share purchases The China Securities Regulatory Commission (CSRC) announced this month that it was banning share purchases financed through onl...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
CIS countries have had to relax foreign exchange policies in recent years
Russia CIS countries have had to relax foreign exchange policies in recent years CIS countries have had to relax foreign exchange polies in recent years The currencies of countries in the Commonwea...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China moves slowly to dismantle hukou household registration system
China China moves slowly to dismantle hukou household registration system The National Development and Reform Commission (NDRC) last week announced that this year all cities with populations of 1 to...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019