Russian central bank plans to start "bad" bank
Russia Russian central bank plans to start "bad" bank Central Bank of Russia deputy governor Vasily Pozdyshev said Monday (Apr. 2) that problem loans and certain other assets of the banks ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Caspian Sea states make progress in jurisdiction of territorial waters
Russia Caspian Sea states make progress in jurisdiction of territorial waters On August 12, the five littoral states surrounding the Caspian Sea (Azerbaijan, Iran, Kazakhstan, Turkmenistan and Russi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian economic recovery slow last year
Russia Russian economic recovery slow last year Preliminary figures from Rosstat show that Russian GDP grew by 1.5 % in 2017, slightly less than nearly all forecasters had expected. Recovery was rel...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Over 500 million Chinese have been lifted out of poverty in recent decades
China Over 500 million Chinese have been lifted out of poverty in recent decades The World Bank defines the international poverty threshold as disposable income of USD 1.90 a day (PPP-adjusted). Und...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Price tags on Putin's new economic initiatives revealed
Russia Price tags on Putin's new economic initiatives revealed Prime minister Dmitri Medvedev's initial assessment of president Putin's May Decree is that implementation over the next si...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Big differences in regional economic growth rates
China Big differences in regional economic growth rates Big differences in regional economic growth rates Regional 2017 GDP growth figures for China's provinces range from a decline of 14 % in ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Chinese yuan is now the most used emerging economy currency in foreign exchange trading
Chinese yuan is now the most used emerging economy currency in foreign exchange trading The latest currency market survey from the Bank for International Settlements (BIS) found that the yuan was inv...
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
As domestic demand wanes, Chinese steel exports rise
As domestic demand wanes, Chinese steel exports rise China last year produced 800 million metric tons of steel, or about half the world’s steel output. As the construction industry is one of the bigg...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian imports suffer as economy falters
Russian imports suffer as economy falters Preliminary Rosstat figures show the pace of contraction in Russian GDP reached 4.6 % y-o-y in the second quarter of this year. At the same time, the dollar ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Investment growth slowed significantly in the first four months of the year
Investment growth slowed significantly in the first four months of the year Growth in fixed asset investment (FAI) has slowed significantly all year, and was up just 12 % y-o-y in January-April. In ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
After relatively robust first-quarter performance, Russia experiences collapse of industrial output and consumption in April
Russia After relatively robust first-quarter performance, Russia experiences collapse of industrial output and consumption in April Rosstat reports that Russia’s industrial output climbed by 1.5...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Real household incomes in China decline and unemployment rises
China Real household incomes in China decline and unemployment rises The NBS reports that real per capita household income fell by 4 % y-o-y in the first quarter. NBS figures also show that rea...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Preparing for the rollout of the China International Payments System (CIPS)
Preparing for the rollout of the China International Payments System (CIPS) The People’s Bank of China reports that its new international payments processing system is now ready and should be in reg...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Foreign direct investment inflow to Russia last year was lower than in 2009
Foreign direct investment inflow to Russia last year was lower than in 2009 Inbound foreign direct investment flow to Russia last year fell to $21 billion, down from an average of $55 billion a year...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Finnish goods exports to China contracted by 1 % last year
China Finnish goods exports to China contracted by 1 % last year Finland’s goods exports to China last year were worth 3.5 billion euros. Finland’s imports from China increased by 5 % to 4...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russia plans to increase food self-sufficiency goals, import bans not helping
Russia plans to increase food self-sufficiency goals, import bans not helping The draft for Russia’s updated national food security agenda calls for raising the degree of self-sufficiency to at least...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Number of people in Russia living below minimum subsistence level up markedly
Number of people in Russia living below minimum subsistence level up markedly Largely stemming from last winter’s burst in inflation, real household incomes have been 4–5 % smaller on an on-year bas...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Profit growth at China’s big banks slows significantly
Profit growth at China’s big banks slows significantly Three of the four giant, largely state-owned banks that dominate China’s banking sector reported lower profit growth last year. Growth in profit...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Investment in Russia declines; structure of branches targeted for investment continues to shift
Investment in Russia declines; structure of branches targeted for investment continues to shift Fixed capital investments in Russia fell nearly 3 % last year. The on-year change decayed further in Ja...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015