Payment delays on the rise in China
Payment delays on the rise in China It now takes exchange-listed firms over 90 days on average to receive payment from their customers. In 2011, the average payment time was under 60 days. Since then...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Rosneft completes sale of 15 % stake in Vankorneft to the Indian ONGC
Rosneft completes sale of 15 % stake in Vankorneft to the Indian ONGC The Indian state energy company ONGC Videsh this week acquired a 15 % stake in Rosneft subsidiary Vankorneft for $1.3 billion. Th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Foreign travel is now a thing in China
Foreign travel is now a thing in China The Lunar New Year and the Spring Festival have traditionally been the main holidays when Chinese return to their home districts to gather with their families o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
China’s economic performance showed no clear signs of improvement in May; lacklustre performance reflected in financial markets
#china China’s economic performance showed no clear signs of improvement in May; lacklustre performance reflected in financial markets China’s National Bureau of Statistics (NBS) reports that indust...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Covid-19 crisis has increased broad unemployment and part-time employment in Russia
Russia Covid-19 crisis has increased broad unemployment and part-time employment in Russia Using the methodology of the International Labour Organization (ILO), Rosstat’s latest survey of the labour...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
BOFIT Forecast for China: uncertainty casts shadow on Chinese growth outlook
China,forecast BOFIT Forecast for China: uncertainty casts shadow on Chinese growth outlook China’s economic growth, which witnessed a slowdown last year, continues to slow this year. While uncertai...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
US-China trade war increases uncertainty surrounding global trade and production chains
China,economy,BOFIT Weekly Review US-China trade war increases uncertainty surrounding global trade and production chains The “Liberation Day” tariffs announced by US president Donald Trump on April...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Taiwan’s economy showing signs of recovery; impacts of this week’s 7.4 earthquake still somewhat uncertain
Taiwan’s economy showing signs of recovery; impacts of this week’s 7.4 earthquake still somewhat uncertain The export-oriented Taiwanese economy is now emerging from a couple of challenging years. Ta...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
IMF Article IV consultation reiterates calls for Russia to maintain economic stability and move on reforms
Russia IMF Article IV consultation reiterates calls for Russia to maintain economic stability and move on reforms The International Monetary Fund (IMF) reports that Russian GDP grew by 0.5 % a&...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Central Bank of Russia keeps its key rate unchanged; previews monetary policy guidelines for 2021–2023
Russia Central Bank of Russia keeps its key rate unchanged; previews monetary policy guidelines for 2021–2023 At its scheduled meeting on September 18, the CBR decided to leave the key rate unchange...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Finland’s trade deficit with China rises
China Finland’s trade deficit with China rises Finland’s goods exports with China contracted in January-September by about 1 % y-o-y. Finnish imports from China grew by 7 % in the same per...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Central Bank of Russia lowers key rate
Russia Central Bank of Russia lowers key rate On June 14, the Central Bank of Russia, as markets anticipated, lowered the key rate by 25 basis points. The key rate is now 7.5 %. The CBR said their d...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
China's indebtedness still continues to rise
China China's indebtedness still continues to rise China's bank lending stock rose in August by 13 % y-o-y. While growth in lending to households has slowed slightly in recent months, the st...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
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
US firms operating in China remain committed to Chinese markets
China US firms operating in China remain committed to Chinese markets A new member survey from the US-China Business Council (USCBC) reveals that firms consider US-China tensions and fallout from th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Margins of China's big banks narrow
China Margins of China's big banks narrow China's four largest banks recently released their financial reports for the first half of this year. The total profits of these banks increased by ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Chinese goods exports performed surprisingly well in April, while imports from the US contracted sharply
China Chinese goods exports performed surprisingly well in April, while imports from the US contracted sharply Somewhat surprisingly, China Customs reports that the dollar-value of goods exports inc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Chinese direct investments overseas declined overall in the first half of this year, but investments in Europe increased
Chinese direct investments overseas declined overall in the first half of this year, but investments in Europe increased According to the American Enterprise Institute’s China Global Investment Track...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
China’s support measures accelerated lending in March; gradual relaxation of monetary stance continues
China China’s support measures accelerated lending in March; gradual relaxation of monetary stance continues Figures released by the People’s Bank of China show that 2.85 trillion yuan in new yuan-d...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
FIFA World Cup boosted Russia’s tourism exports in summer
Russia FIFA World Cup boosted Russia’s tourism exports in summer During summer tourist season, which runs from April to September, foreign visitors spent about 8 billion dollars (an increase of 45 %...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018