Shanghai’s covid lockdowns likely to affect international supply chains
China Shanghai’s covid lockdowns likely to affect international supply chains The first large-scale lockdown to curb the spread of covid-19 infections in Shanghai was introduced in late March. Lockd...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Eurasian Economic Union is taking steps to harmonize external tariffs and lower internal barriers
Russia Eurasian Economic Union is taking steps to harmonize external tariffs and lower internal barriers The union has evolved on top of earlier economic cooperation agreements among former Soviet r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China’s goods exports to Russia decline while bilateral trade deficit rises
China China’s goods exports to Russia decline while bilateral trade deficit rises China Customs reports that the value of goods exports to Russia shrank by 17 % y-o-y in June. In response to Ru...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Weak developments expected for Russian government sector revenues and expenditures
Russia Weak developments expected for Russian government sector revenues and expenditures In Russia’s government budget sector framework for 2023–2025, the finance ministry expects revenues to the c...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Given the overall outlook for China, provincial GDP growth targets look rather modest
China Given the overall outlook for China, provincial GDP growth targets look rather modest GDP growth slowed last year significantly from 2019, but stayed positive in all but one province. Hubei pr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Rising investment in Russia slows economic slide, but sees increased role of state-owned enterprises and the government
#Russia Rising investment in Russia slows economic slide, but sees increased role of state-owned enterprises and the government Real growth in fixed investment exceeded 3 % y-o-y in the third q...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Many Chinese provinces failed to hit their GDP targets last year
Many Chinese provinces failed to hit their GDP targets last year China’s National Bureau of Statistics (NBS) reports that GDP growth last year varied in the range of 4–6 % at most of the provinc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Use of the yuan in international foreign currency trading rises
China Use of the yuan in international foreign currency trading rises Last month the Bank for International Settlements (BIS) released its Triennial Central Bank Survey of foreign exchange and over-...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Finland-China relations defined by continuity and economic cooperation
Finland-China relations defined by continuity and economic cooperation At the start of June, Finland’s Ministry of Foreign Affairs released the Finnish government’s second action plan for China. Finl...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Latest forecast revisions see China as sole driver of global growth this year
China Latest forecast revisions see China as sole driver of global growth this year The revised autumn forecasts of the OECD, World Bank, Asian Development Bank (ADB) and IMF all agree that Chinese ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
As expected, China hit its economic growth target last year, but slowdown continues
China As expected, China hit its economic growth target last year, but slowdown continues Newly released figures from China’s National Bureau of Statistics (NBS) show that Chinese GDP grew by 6.1 % ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Coronavirus containment measures cause China’s economy to contract for the first time in decades
China Coronavirus containment measures cause China’s economy to contract for the first time in decades China’s National Bureau of Statistics (NBS) reports a severe contraction in first-quarter GDP (...
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
Hong Kong’s economic outlook remains weak even with support measures
China Hong Kong’s economic outlook remains weak even with support measures Preliminary figures show that Hong Kong’s GDP fell by 8.9 % y-o-y in the first quarter, the sharpest drop since figures beg...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
China posts strong growth in goods exports and flat import performance for 2025
China,BOFIT Weekly Review China posts strong growth in goods exports and flat import performance for 2025 China Customs values the last year’s goods exports from China at $3.77 trillion. Even with h...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Russia’s economic slowdown continues
Russia,economy,BOFIT Weekly Review Russia’s economic slowdown continues Preliminary Rosstat figures show Russian GDP grew by 3.1 % y-o-y in the third quarter. For the first nine months of the year, ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
More Chinese working in service jobs
More Chinese working in service jobs While official figures show that the structure of Chinese GDP has hardly budged in recent years towards a more consumption-driven economy (BOFIT Weekly 23/2019), ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia suspends flights to Georgia after July 8
Russia Russia suspends flights to Georgia after July 8 Last Friday (Jun. 21), President Vladimir Putin signed a decree suspending direct flights between Russia and Georgia citing heightened security...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
China holds back on additional stimulus measures
China China holds back on additional stimulus measures Although Chinese economic growth is slowing, the government has announced only very modest new measures to support the growth recently. To coun...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
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