United States and China reach initial agreement on reviewing financials of US-listed Chinese firms, but bilateral tensions persist
China United States and China reach initial agreement on reviewing financials of US-listed Chinese firms, but bilateral tensions persist On August 26, the United States and China announced that they...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian economy started to recover again in January-February
Russian economy started to recover again in January-February Following weaker performance at the end of last year, the Russian economy appeared to get back to the track of slow growth in the first tw...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Forecasts of major international institutions see China sustaining strong growth in coming years
China Forecasts of major international institutions see China sustaining strong growth in coming years Following the World Bank's lead earlier this month, theInternational Monetary Fund released...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian first-quarter economic growth well below expectations
Russia Russian first-quarter economic growth well below expectations Preliminary Rosstat figures show Russian GDP growth in the first three months of the year was just 0.5 % y-o-y, a figure cle...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
China’s central bank lowers reserve requirement for commercial banks
China China’s central bank lowers reserve requirement for commercial banks Following State Council comments chaired by Premier Li Keqiang a couple of days earlier, the People’s Bank of China last we...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
International financial institutions expect Chinese growth to slow only slightly
International financial institutions expect Chinese growth to slow only slightly The IMF’s April World Economic Outlook projects 3.2 % baseline growth of the global economy this year and 3.5 % in 201...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian central bank lowers key rate to 9.5 %
Russia Russian central bank lowers key rate to 9.5 % Based on data from May and early June, the Bank of Russia’s executive board concluded on June 10 that a 150-basis-point rate cut was appropr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Chinese inflation accelerated and economic growth slowed in November
China Chinese inflation accelerated and economic growth slowed in November China’s National Bureau of Statistics reports that November consumer prices were up by 2.3 % y-o-y. As recently as Sep...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
BOFIT Forecasts for Russia and China 2021–2023
Russia,China,forecast BOFIT Forecasts for Russia and China 2021–2023 russia We have raised our economic forecast for Russia from last autumn to reflect the rise of oil prices and price expectations....
Bofit.fi / Bofit homepage / BOFIT / News / 2021
CBR keeps rates unchanged, but adjusts guidance
CBR keeps rates unchanged, but adjusts guidance At its scheduled meeting last Friday (Jan. 29), the Central Bank of Russia’s board decided to leave the key rate unchanged at 11 %, the same level it h...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
IMF no longer considers the yuan undervalued
IMF no longer considers the yuan undervalued Concluding its annual Article IV country review, the IMF consultation mission this week released a brief appraisal of the Chinese economy and its policy r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Reforms on complete deregulation of interest rates move ahead in China
Reforms on complete deregulation of interest rates move ahead in China Last week the State Council approved an amendment that removes the required loan-to-deposit ratio of commercial banks. Under cu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Financial markets enter the Year of the Goat calmly
Financial markets enter the Year of the Goat calmly There were few surprises when the financial markets reopened on Wednesday (Feb. 25) after the week-long Lunar New Year holiday. Key money market r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Concerns emerge over Russia’s slowing growth
russia,economy,BOFIT Weekly Review Concerns emerge over Russia’s slowing growth Rosstat this week affirmed its preliminary first-quarter GDP growth estimate of 1.4 % y-o-y, bolstering the view that ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russian inflation slowed substantially in 2016
Russian inflation slowed substantially in 2016 Consumer prices were up 5.4 % y-o-y at the end of December, the lowest pace for 12-month inflation since spring 2012. Inflation was nearly 13 % at the e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Several factors affect decline in Russian household income and spending
Several factors affect decline in Russian household income and spending Private consumption last year fell by 5 % and real household incomes by 6 %, even as the average real wage rose slightly. Sever...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China posts large current account surplus in first half; capital outflow continues
China China posts large current account surplus in first half; capital outflow continues China’s preliminary balance-of-payments figures show a current account surplus of 80 billion dollars for the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Outlook for Russian businesses grows cloudier in June
Russia Outlook for Russian businesses grows cloudier in June The monthly PMI readings, which are based on surveys of Russian purchasing managers by market intelligence provider S&P, give a sense...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
China’s foreign currency reserves shrink as capital exports rise
China’s foreign currency reserves shrink as capital exports rise The goods trade surplus continued to rise in January-March on lower commodity prices that reduced the value of imports. The services t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
China’s struggling local governments can now convert more debts into bonds to deal with their debt problems
China’s struggling local governments can now convert more debts into bonds to deal with their debt problems On Sunday (Mar. 8), the finance ministry announced it would allow local governments to issu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015