Defence spending rose yet again last year
Russia Defence spending rose yet again last year The latest figures from the Stockholm International Peace Research Institute (SIPRI) show that the military spending of governments around the world ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Production and exports of natural gas declined last year
Russia Production and exports of natural gas declined last year The global economic recession caused by the covid-19 pandemic and last year’s warm winter caused demand for natural gas in Russia’s ma...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Finland’s exports to Russia shrank further
Finland’s exports to Russia shrank further The value of Finnish goods exports to Russia was down 8 % y-o-y in 3Q16, and down 3 % y-o-y for September. Machinery & equipment and chemicals form the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian state reduces stake in diamond giant Alrosa
Russian state reduces stake in diamond giant Alrosa In a secondary public offering (SPO), the government sold off mostly to Russian and European investors a 10.9 % stake in the diamond company. Afte...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
IMF says global outlook has improved significantly from three months ago
China IMF says global outlook has improved significantly from three months ago The April edition of the International Monetary Fund’s World Economic Outlook sees the global economy growing by 6 ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
National Welfare Fund assets invested in yuan-denominated debt securities
Russia National Welfare Fund assets invested in yuan-denominated debt securities At the beginning of March, the value of Russia’s National Welfare Fund (NWF) stood at $183 billion, or almost 12 ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Across-the-board lowering of global growth forecasts; IMF still sees positive GDP growth for China this year
China Across-the-board lowering of global growth forecasts; IMF still sees positive GDP growth for China this year Despite a global recession, the IMF’s June World Economic Outlook Update still expe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
European China sentiment sours
China European China sentiment sours On May 20, the European Parliament voted to suspend temporarily ratification of the China-EU Comprehensive Agreement on Investment (CAI). In its press release, t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Rapid lending growth in China continues
Rapid lending growth in China continues China’s own broad credit stock measure, total social financing (TSF), grew 13 % y-o-y in May. Credit growth remained stable throughout the first five months of...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Chinese economy faces little immediate fallout from Brexit vote
Chinese economy faces little immediate fallout from Brexit vote China’s currency markets seem to have been most affected by the outcome of June 23 UK referendum on the EU. Unlike the world’s major st...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Subsidy programmes and rate cuts support bank lending in Russia
Russia Subsidy programmes and rate cuts support bank lending in Russia The corporate loan stock experienced robust growth in the first quarter of the year as companies prepared (for example, by secu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
BOFIT expects positive Chinese GDP growth for the year, but structural issues and risks continue to swell
China BOFIT expects positive Chinese GDP growth for the year, but structural issues and risks continue to swell Our latest BOFIT Forecast for China was released yesterday (Sept. 17). The Chinese eco...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian manufacturing on the road to recovery, while extractive industries remain in a deep slump
Russia Russian manufacturing on the road to recovery, while extractive industries remain in a deep slump Industrial output was in June down almost as much in on-year terms as in May, with the output...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian defence spending declines, but remains substantial
Russia Russian defence spending declines, but remains substantial Russia's finance ministry reports that government defence spending fell by 25 % in nominal ruble terms last year. The defence sp...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Tough November for China’s economy as covid situation worsens and export demand evaporates
China Tough November for China’s economy as covid situation worsens and export demand evaporates China’s declining retail sales, a proxy for consumption demand, highlight the impacts of the latest w...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Growth rate in Chinese imports outstripped exports last year; trade surplus shrank
China Growth rate in Chinese imports outstripped exports last year; trade surplus shrank After two years of contraction, China's goods exports measured in US dollars rose last year by 8 % to rou...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia seeks to renegotiate tax treaties
Russia Russia seeks to renegotiate tax treaties Russia has bilateral tax treaties with roughly 80 countries. These treaties spell out the rules that governments must follow on taxing income transfer...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
United States imposes new financial market sanctions on Chinese firms
United States imposes new financial market sanctions on Chinese firms At the beginning of December, the US House of Representatives unanimously approved the Holding Foreign Companies Accountable Act,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Robust growth in Russian goods imports
Russia Robust growth in Russian goods imports Supported by a recovery in demand, the value of goods imports rose 14 % y‑o‑y in the first three months of this year. Goods imports have already ex...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Ruble and stock markets tumble on Russia’s February 24 invasion of Ukraine
Russia Ruble and stock markets tumble on Russia’s February 24 invasion of Ukraine The ruble’s exchange rate has fallen to historical lows this week. Western sanctions have blocked the Central Bank o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022