Challenging as they may be, relations between China and the EU are important to both sides
Challenging as they may be, relations between China and the EU are important to both sides At the beginning of May, Chinese President Xi Jinping made his first trip to Europe since 2019. The visit, w...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Hong Kong’s economic situation remains challenging despite cautious signs of recovery
#Hong Kong Hong Kong’s economic situation remains challenging despite cautious signs of recovery Even with the lifting of covid restriction at the start of last year, a number of factors continue to...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
People’s Bank of China gets new governor
People’s Bank of China gets new governor The Communist Party of China on July named Pan Gongsheng (60) as central bank party secretary (effective July 1) and governor (effective July 25). Previously ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
While China’s car exports to Russia collapse, other exports continue to grow
China,economy,BOFIT Weekly Review While China’s car exports to Russia collapse, other exports continue to grow China Customs reports that Chinese goods exports to Russia fell overall by 9 % y-o-y in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russian economic growth remains sluggish and subject to structural imbalances
Russia,BOFIT Weekly Review Russian economic growth remains sluggish and subject to structural imbalances The Russian economy has continued to grow slowly in recent months, with the overall economic ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russia suspends flights to Georgia after July 8
Russia Russia suspends flights to Georgia after July 8 Last Friday (Jun. 21), President Vladimir Putin signed a decree suspending direct flights between Russia and Georgia citing heightened security...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
US threatens further tariffs on China
China US threatens further tariffs on China On Tuesday (May 29), the White House announced that it was imposing 25 % import tariffs on certain Chinese goods totalling about $50 billion a year. The n...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China strengthens its Silk Road strategy in the Middle East
China strengthens its Silk Road strategy in the Middle East President Xi Jinping last week toured Saudi Arabia, Egypt and Iran to promote Chinese economic relations. His first Middle-East visit also ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
BOFIT
The Bank of Finland Institute for Emerging Economies (BOFIT) is an internationally renowned research institute specialising in emerging economies and global economic developments.
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Chinese tourism abroad continues to soar
China Chinese tourism abroad continues to soar According to China’s culture and tourism ministry, Chinese last year made 150 million trips abroad, a 15 % increase from 2017. Balance-of-payments figu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Weak first half for Russian economy; EU expands sanctions
BOFIT Weekly Review,BOFIT,Russia,economy Weak first half for Russian economy; EU expands sanctions Russia’s State Statistics Service (Rosstat) reports that the output of five core sectors of the eco...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
United States Treasury lifts sanctions on Russian aluminium giant Rusal
Russia United States Treasury lifts sanctions on Russian aluminium giant Rusal On Sunday (Jan. 27) the Treasury lifted sanctions on the energy company EN+, the aluminium producer Rusal and the energ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
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
New look for BOFIT website
<p>The BOFIT website bofit.fi is one of four websites that have been redesigned with a brand new look. The other sites are suomenpankki.fi, rahamuseo.fi and talousosaamiskeskus.fi. The redesign ...
Bofit.fi / Bofit homepage / BOFIT / News / 2024
United States moves ahead on dismantling sanctions on aluminium giant Rusal
Russia United States moves ahead on dismantling sanctions on aluminium giant Rusal The US treasury department notified Congress on December 19 of its intent to lift sanctions on the energy company E...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Sale of Rosneft stake to CEFC cancelled
Russia Sale of Rosneft stake to CEFC cancelled The deal that was announced last autumn involved the Chinese CEFC's acquisition of a 14 % stake in Rosneft from a consortium of Glencore and the Qa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China’s current account surplus nearly evaporated last year
China China’s current account surplus nearly evaporated last year China’s current account surplus last year fell to just 0.4 % of GDP, down from 1.3 % in 2017. In monetary terms, the 2018 current ac...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Chinese presence in energy projects in Russian Far East set to increase
Chinese presence in energy projects in Russian Far East set to increase As before, during president Vladimir Putin’s official state visit to China on Saturday (June 25) dozens of agreements for vario...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Sluggish first-quarter growth in Finland-China trade
China Sluggish first-quarter growth in Finland-China trade Finnish Customs figures show that Finland exported roughly 850 million euros worth of goods to China in the first quarter of this year. Fin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia’s national goals increasingly focus on nationalist themes and self-sufficiency
Russia’s national goals increasingly focus on nationalist themes and self-sufficiency President Vladimir Putin was inaugurated to another term as Russia’s president on May 7. He announced the member...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024