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
Chinese economy struggled last year
#China Chinese economy struggled last year China’s National Bureau of Statistics reports that GDP grew in the fourth quarter by 2.9 % y-o-y. The 3.0 % GDP growth for all of 2022 was also ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
China relaxes regulation of the real estate sector and provides additional stimulus
China relaxes regulation of the real estate sector and provides additional stimulus Among the top goals for 2023 spelled out at last December’s economic work conference were stabilisation of the prop...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
China’s economic performance showed no clear signs of improvement in May; lacklustre performance reflected in financial markets
#china China’s economic performance showed no clear signs of improvement in May; lacklustre performance reflected in financial markets China’s National Bureau of Statistics (NBS) reports that indust...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russian economic growth expected to slow sharply; new sanctions increase risks
Russia,BOFIT Weekly Review Russian economic growth expected to slow sharply; new sanctions increase risks Our latest BOFIT Forecast for Russia 2025–2027, released on Monday (Oct. 20), expects Russia...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
IMF: First-half global growth exceeds previous forecast, but future outlook dims
world economy,BOFIT Weekly Review IMF: First-half global growth exceeds previous forecast, but future outlook dims The latest World Economic Outlook (WEO) from the International Monetary Fund (IMF) ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Latest forecast sees Russian growth slowing in years ahead
Russia,economy,BOFIT Weekly Review Latest forecast sees Russian growth slowing in years ahead On Monday (Mar. 24), BOFIT held its annual Russia briefing (in Finnish) to address Russia’s economy and ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
China grows in significance for Finland as a goods importing country
China,economy,BOFIT Weekly Review China grows in significance for Finland as a goods importing country The success of Chinese exporters and growth of global market share is reflected also in the inc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
China’s inflation remained subdued last year; obtaining a picture of overall price trends is not straightforward
China,economy,BOFIT Weekly Review China’s inflation remained subdued last year; obtaining a picture of overall price trends is not straightforward Unlike most countries, China has avoided a spike in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russia’s overall economic performance steady in February; construction investment has supported wartime growth
Russia’s overall economic performance steady in February; construction investment has supported wartime growth February’s numbers suggest little change in Russia’s economic trends. 12-month growth wa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Latest BOFIT Forecast for Russia sees lower economic growth ahead
Latest BOFIT Forecast for Russia sees lower economic growth ahead In the March update of our Forecast for Russia 2024–2026, we highlight capacity constraints as a major cause of Russia’s economic slo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Cautious signs of economic recovery in China
Cautious signs of economic recovery in China The National Bureau of Statistics (NBS) this month has reported a number of figures for January and February. One reason for presenting multi-month number...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Most American and German firms still committed to China operations, but wary about new investment
Most American and German firms still committed to China operations, but wary about new investment The American Chamber of Commerce in China (AmCham) released its annual business climate survey at the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russia’s GDP growth last year higher than expected; lower growth ahead
Russia’s GDP growth last year higher than expected; lower growth ahead Preliminary figures suggest surprisingly robust Russian GDP growth in 2023 Rosstat last week released its preliminary 2023 data,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russia’s foreign trade slows; war spending expected to keep boosting growth
Russia’s foreign trade slows; war spending expected to keep boosting growth Russia’s current account surplus shrank last year Preliminary figures from the Central Bank of Russia show that Russia’s cu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
People’s Bank of China eases monetary stance as economic recovery remains more sluggish than expected
#china People’s Bank of China eases monetary stance as economic recovery remains more sluggish than expected In mid-July China’s central bank cut all main policy rates by 10 basis points. The rate c...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russian first-quarter GDP contracted by 2 % on year
#russia Russian first-quarter GDP contracted by 2 % on year Rosstat’s preliminary estimate suggests that Russian GDP contracted by 2 % y-o-y during the January-March period. The rate of contrac...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
China’s National People’s Congress convenes to approve policy agenda, targets, administrative reforms and budget
China’s National People’s Congress convenes to approve policy agenda, targets, administrative reforms and budget China’s highest decision-making body, the National People’s Congress, is currently con...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Chinese stock markets slumped last year; foreign investors offloaded Chinese bonds
#China Chinese stock markets slumped last year; foreign investors offloaded Chinese bonds As elsewhere in the world, stock markets in China ended the year on down note. Uncertainty in China’s market...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Bailing out bad-debt-manager Huarong is a costly proposition
China Bailing out bad-debt-manager Huarong is a costly proposition Huarong is one of four state-run asset management companies created in the wake of the Asian financial crisis in 1999 to deal with ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022