China publishes lists of systemically important banks
China China publishes lists of systemically important banks In mid-October, the People’s Bank of China and the China Banking and Insurance Regulatory Commission (CBIRC) released a list of China’s do...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China’s bond market growing rapidly, even as foreign investor interest remains weak
#china China’s bond market growing rapidly, even as foreign investor interest remains weak China’s onshore bond markets have continued to experience high growth despite the country’s many economic c...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
China critical to resolving global climate issues
China critical to resolving global climate issues The United Nation’s COP28 opened on Thursday (Nov. 30) in the city of Dubai in the United Arab Emirates. This year’s 2-week event (Conference of the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
China-Russia trade continued to strengthen in first quarter of this year
China-Russia trade continued to strengthen in first quarter of this year China’s imports from Russia have increased substantially faster than exports to Russia since February 2022. As a result, China...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russian real household incomes slide
Russia Russian real household incomes slide The drop in household incomes gained slight momentum in the third quarter, falling by 2.5 % y-o-y in real terms. The drop so far has been less precip...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Foreign investment by Chinese firms remained depressed last year
China Foreign investment by Chinese firms remained depressed last year UNCTAD figures put the value of global foreign direct investment (FDI) in 2021 at just over 1.7 trillion dollars. It represente...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Putin and Xi met in Samarkand as trade between their countries has strengthened
China Putin and Xi met in Samarkand as trade between their countries has strengthened On September 15, Xi Jinping and Vladimir Putin conferred in the Uzbek city at a meeting of the eight-nation Shan...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Volume of Chinese goods exports showed exceptionally strong growth amidst pandemic
China Volume of Chinese goods exports showed exceptionally strong growth amidst pandemic In November 2020, on-year growth of the world goods trade returned to positive territory. Total trade volume ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Debate on oil taxation continues in Russia
Debate on oil taxation continues in Russia The finance ministry has prepared a proposal that calls for shifting the emphasis from taxing production and exports to taxing oil company profits. The appr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian foreign trade further on path to recovery, capital flows dwindle
Russia Russian foreign trade further on path to recovery, capital flows dwindle Preliminary balance-of-payments figures released by the Central Bank of Russia for the first quarter show that export ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
NPC elects to restrain growth in budget spending this year
China NPC elects to restrain growth in budget spending this year The National People’s Congress took up last year’s realised budget and approved this year’s proposed budget. According to the finance...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Central bank announces new round of SME support
China Central bank announces new round of SME support At the beginning of June, the People’s Bank of China unveiled two new programmes to alleviate the financial distress of small firms due to the c...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Old problems still complicate their operations, but Western firms operating in China are generally upbeat
China Old problems still complicate their operations, but Western firms operating in China are generally upbeat Member surveys conducted by the American Chamber of Commerce in China (AmCham China) a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Surveys show Chinese firms hiring less
Surveys show Chinese firms hiring less For over a year, purchasing manager indexes compiled by various organizations have been indicating that firms in both the industrial and service sectors have no...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian government budget revenues decline precipitously, spending soars
Russia Russian government budget revenues decline precipitously, spending soars Revenue streams to the consolidated budget, an aggregate of federal, regional and local budgets plus state social fund...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Massive public spending on rescuing China’s troubled banks
China Massive public spending on rescuing China’s troubled banks Policy measures adopted to deal with the coronavirus pandemic, debtor problems in servicing loans and banks bracing for a rise in non...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Latest round of US export restrictions even affects the electronics industry outside China
China Latest round of US export restrictions even affects the electronics industry outside China In 2019, the United States prohibited American microchip manufacturers from supplying components or t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Shifts in revenues and expenditures eat away Russia’s federal budget surpluses
Russia Shifts in revenues and expenditures eat away Russia’s federal budget surpluses As in 2015 and 2016, federal budget revenues from the production taxes and export tariffs of the oil and gas sec...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
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
China's new initiatives to protect the environment
China China's new initiatives to protect the environment Official rhetoric on improving the environment in China has been backed up with deeds in recent months. In addition to a new environmenta...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018