Russia's government sector deficit shrinks, the reserve fund will increase
Russia Russia's government sector deficit shrinks, the reserve fund will increase In the first quarter of this year, revenues to the consolidated budget (federal, regional and local budgets plus...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China keeps monetary policy largely unchanged as economy bounces back from covid shock
China China keeps monetary policy largely unchanged as economy bounces back from covid shock Despite a rapid recovery of the Chinese economy in recent months, the People’s Bank of China has kept its...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Poverty and income disparity remain big challenges for China
China Poverty and income disparity remain big challenges for China China has spent recent years “battling” poverty, specifically elimination of “absolute poverty” by the end of 2020. The government’...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Dwindling coal supplies and rising prices have created a widespread electricity crunch in China
China Dwindling coal supplies and rising prices have created a widespread electricity crunch in China At least 20 of China’s 31 provinces have restricted electricity use during September and October...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Latest forecasts show China putting the covid-19 crisis behind it, even as other emerging economies struggle
China Latest forecasts show China putting the covid-19 crisis behind it, even as other emerging economies struggle According to both the IMF’s just-released World Economic Outlook update and the Wor...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
PBoC lowers bank reserve requirements, but no large relaxions in overall monetary stance
China PBoC lowers bank reserve requirements, but no large relaxions in overall monetary stance On Wednesday (Dec. 15), the People’s Bank of China lowered its reserve requirement ratios (RRRs) for co...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
United States wants to resume trade talks with China
China United States wants to resume trade talks with China On Monday (Oct. 4), US trade representative Katherine Tai outlined preliminary targets for the Biden administration’s China trade policy. T...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
More liberal access for foreign investors to mainland China’s financial markets
More liberal access for foreign investors to mainland China’s financial markets The People’s Bank of China announced a rule change last week that eases access of certain foreign institutional invest...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Thorny issues overlooked in “Phase 1” US-China trade agreement
China Thorny issues overlooked in “Phase 1” US-China trade agreement Last week (Jan. 15), representatives of China and the United States met in Washington DC to sign the Phase 1 trade agreement set ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russia bans travel to Turkey and restricts imports
Russia bans travel to Turkey and restricts imports In reaction to Turkey’s shooting down of a Russian military jet on November 24, Russia’s foreign minister immediately declared a terrorist threat in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Finnish-Russian trade contracted last year
Finnish-Russian trade contracted last year The value of Finnish goods exports to Russia last year was just €4.6 billion, its lowest level since 2009. While the value of exports was down 14 % y-o-y fo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian economy cooled in March; latest forecasts expect GDP growth of 2–3 % this year
Russian economy cooled in March; latest forecasts expect GDP growth of 2–3 % this year The level of output dipped slightly in March (seasonally adjusted) in nearly all core sectors of the economy. I...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russian growth overall slows, in some branches and regions output has declined
Russia,economy,BOFIT Weekly Review Russian growth overall slows, in some branches and regions output has declined Preliminary Rosstat estimates show Russian GDP grew by 1.4 % y-o-y in the first quar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russia’s 2024 grain harvest falls below expectations
Russia,economy,BOFIT Weekly Review Russia’s 2024 grain harvest falls below expectations While Russia enjoyed an exceptional bumper grain harvest in 2023 due to favourable weather conditions, the 202...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Economic growth strong in the first quarter of this year; Russian attacks on Ukraine’s energy systems and lack of skilled workers weaken economic outlook
Ukraine Economic growth strong in the first quarter of this year; Russian attacks on Ukraine’s energy systems and lack of skilled workers weaken economic outlook Ukraine’s GDP growth accelerated to...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
China strives to develop its microchip production capabilities
China China strives to develop its microchip production capabilities Microchips, or chips, are semiconductor components used in electronic devices to perform a vast range of tasks, such as data proc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Rising government spending and rapid wage growth fuel demand and economic imbalances in Russia
Russia Rising government spending and rapid wage growth fuel demand and economic imbalances in Russia Government spending continues to climb Preliminary figures from Russia’s finance ministry show f...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
US Congress passes long-awaited military assistance package for Ukraine
US Congress passes long-awaited military assistance package for Ukraine The US Congress passed a $61 billion support package for Ukraine and President Joe Biden signed the legislation into law on Wed...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Ruble plummets as Russia’s current account surplus evaporates
Ruble plummets as Russia’s current account surplus evaporates The ruble’s exchange rate in August reached its lowest reading against the US dollar since spring 2022. The official ruble-dollar exchang...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Yuan’s role in Russia’s foreign trade continues to grow
#russia Yuan’s role in Russia’s foreign trade continues to grow As a result of sanctions and the decision by many Western firms to sever ties with Russia, most major Russian banks no longer can hand...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023