Russian economic situation remains weak
Russian economic situation remains weak In the first two months of this year, seasonally adjusted and workday-adjusted industrial output continued to lack clear direction. After lurching ahead in Jan...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Rates rise as China attempts to quell rising indebtedness
Rates rise as China attempts to quell rising indebtedness Moneymarket rates have risen in all maturity classes. The overnight Shibor rate in May has averaged 2.8 %, up from 2.2 % in January. In addit...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
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
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
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
Russian GDP contracted by 3.6 % in the third quarter
Russia Russian GDP contracted by 3.6 % in the third quarter Russia experienced an 8.0 % y-o-y drop in GDP in the second quarter as its economy struggled with the covid-19 pandemic and lock...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian government deficit soared in 2015
Russian government deficit soared in 2015 Revenues to the consolidated government budget (federal, regional and municipal budgets, plus state social funds) declined 1 % in nominal rubles, while expen...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Growth of China’s credit stock slowed last year; PBoC moves ahead with targeted monetary easing
China,BOFIT Weekly Review Growth of China’s credit stock slowed last year; PBoC moves ahead with targeted monetary easing The stock of bank loans grew by 6.2 % last year. While this rate was lower t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Transient factors accounted for some of India’s recent robust GDP growth performance
India,BOFIT Weekly Review Transient factors accounted for some of India’s recent robust GDP growth performance Latest data show that Indian GDP in July-September grew 8.2 % y-o-y. Private consumptio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Strong growth in Russian bank lending continued last year
Russia,economy,BOFIT Weekly Review Strong growth in Russian bank lending continued last year Corporate borrowing driven by reduced access to international financing and generous interest-subsidy pro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russian economic output growth slowed and economic imbalances worsened in second half of 2024
Russia,economy,BOFIT Weekly Review Russian economic output growth slowed and economic imbalances worsened in second half of 2024 Slowing in output growth became more apparent at year’s end Prelimina...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Foreign investment flows to and from China have increased yuan’s international use
China Foreign investment flows to and from China have increased yuan’s international use Over a year ago, the yuan surpassed the US dollar to become China’s most used cross-border payment currency. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Chinese foreign direct investment declined last year, particularly in the US and Europe
#china Chinese foreign direct investment declined last year, particularly in the US and Europe The official foreign direct investment (FDI) figures released by China’s Ministry of Commerce show that...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
No signs of improvement for the Russian economy
#Russia No signs of improvement for the Russian economy Rosstat reports that industrial output contracted by 2 % y-o-y in January-February. Mining & quarrying production fell by 3.1 %,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russian economy likely to remain in recession throughout 2023
#Russia Russian economy likely to remain in recession throughout 2023 The Russian economy went into a tailspin in the weeks immediately following Russia’s invasion of Ukraine and further escalation ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russia’s economic contraction last year mitigated by government spending
#Russia Russia’s economic contraction last year mitigated by government spending Rosstat last week released its first assessment of Russian GDP in 2022. According to its preliminary estimate, Russia...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Yuan strengthens against the dollar; yields attract portfolio investment to mainland China
China Yuan strengthens against the dollar; yields attract portfolio investment to mainland China Since the conclusion of the week-long national holiday on October 8, the yuan has gained over 1 ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
After a selective start, Russia moves to beef up economic support
Russia After a selective start, Russia moves to beef up economic support Russia’s approved federal budget calls for brisk increases in spending this year. The government has announced it remains com...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
More Chinese construction companies miss scheduled offshore debt payments
China More Chinese construction companies miss scheduled offshore debt payments The problems of developer Evergrande have affected the access to financing of smaller construction companies. In Octob...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021