Capital controls enable ruble recovery
Russia Capital controls enable ruble recovery The ruble’s exchange rate crashed immediately after Russia invaded Ukraine. As Western sanctions restrict the access to central bank’s foreign currency ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Economic growth in provinces of central and southern China lower than in the rest of the country
Economic growth in provinces of central and southern China lower than in the rest of the country In the first half of 2023, economic growth in 16 of China’s 31 provinces did not surpass the national ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
IMF concerned about state of Chinese businesses
IMF concerned about state of Chinese businesses The IMF’s April 2016 edition of its Global Financial Stability Report finds that at the end of last year nearly 16 % of Chinese companies borrowing fro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia’s inflation tick-up may be fairly transient
Russia Russia’s inflation tick-up may be fairly transient In March, 12-month consumer price inflation remained rather moderate at 2.5 %. However, the month-on-month inflation accelerated to 0.6...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Kyrgyzstan becomes newest member of Eurasian Economic Union; Kazakhstan completes WTO accession talks
Kyrgyzstan becomes newest member of Eurasian Economic Union; Kazakhstan completes WTO accession talks The Eurasian Economic Union (EEU), which includes Russia, Kazakhstan, Belarus and Armenia, welcom...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Coronavirus crisis hits China’s banking sector
China Coronavirus crisis hits China’s banking sector Even as China's big banks have been reporting juicy profits for 2019, international credit ratings agencies are warning of heightened risks t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian growth supported by increased bank lending and heavy public spending
Russian growth supported by increased bank lending and heavy public spending Russian economy again showed positive growth in July Even with the pace of growth moderating in recent months, the latest ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
China's current account surplus fell below 2 % of GDP in 2016
China's current account surplus fell below 2 % of GDP in 2016 Preliminary balance-of-payments figures show China's goods trade surplus last year was $485 billion (4.3 % of GDP). The value of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China’s new five-year plan emphasises industrial development and self-sufficiency
China China’s new five-year plan emphasises industrial development and self-sufficiency The National People’s Congress convened this March to approve China’s 14th five-year plan (2021–2025), as well...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Rapid housing loan growth in Russia continues
Russia Rapid housing loan growth in Russia continues The growth in mortgage lending accelerated in the first three months of this year. In March alone, banks granted new housing loans worth a total ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Covid surges in China, economic implications unclear
#China Covid surges in China, economic implications unclear Chinese policymakers abruptly abandoned their strict zero-covid policy in early December as the futility of an all-out suppression strateg...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
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
First-quarter figures show contraction in Russian foreign trade and net capital outflow
Russia* First-quarter figures show contraction in Russian foreign trade and net capital outflow Preliminary balance- of-payments figures show that the value of Russian exports of goods and services ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Chinese growth expected to slow moderately
Chinese growth expected to slow moderately The latest batch of economic forecasts for China shows general agreement on trends in the Chinese economy over the next few years. Most major forecasters e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
With bank profitability in China sagging, government seeks recapitalisation of large banks, mergers for small banks
China,economy,BOFIT Weekly Review With bank profitability in China sagging, government seeks recapitalisation of large banks, mergers for small banks China’s officials announced last autumn a major ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Financial performance of Chinese banks last year all over the map
China Financial performance of Chinese banks last year all over the map China’s large banks appear to have weathered the first year of the covid pandemic in relatively good shape. Financial reportin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Sluggish economic growth continued in October; construction activity in China declines
China Sluggish economic growth continued in October; construction activity in China declines Retail sales grew in real terms by 1.9 % y-o-y in October. China’s rigorous efforts to suppress the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Stimulus included in Russia’s 2020−2022 government sector budget framework
Russia Stimulus included in Russia’s 2020−2022 government sector budget framework The finance ministry’s three-year fiscal framework covers the entire consolidated budget. That includes the federal ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
China is now the world’s third largest arms exporter
China is now the world’s third largest arms exporter The Stockholm International Peace Research Institute (SIPRI) reports that the volume of international arms exports rose 16 % in the five-year peri...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Slowing growth in Russia
Russia Slowing growth in Russia The preliminary figures released by Rosstat, Russia’s federal statistics service, show that Russian GDP grew by 4 % y-o-y in the second quarter. Growth has slowe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024