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
China takes on struggles of small banks
China China takes on struggles of small banks Last spring, five smallish banks in the Henan and Anhui provinces suddenly refused customer access to their deposits. It eventually emerged that this wa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Official unemployment rate understates China’s true unemployment
China Official unemployment rate understates China’s true unemployment China's labour market was severely disrupted by restrictions of movement and layoffs caused by the COVID-19 pandemic. Yet, ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
IMF calls for decisive action from China to tackle rising vulnerabilities
IMF calls for decisive action from China to tackle rising vulnerabilities In its annual Article IV consultation, IMF staff recognises China’s advances in shifting to a growth model increasingly drive...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Despite devastating attacks, Ukraine’s economy grew by nearly 2 % last year
BOFIT Weekly Review,Ukraine Despite devastating attacks, Ukraine’s economy grew by nearly 2 % last year Energy sector destruction held back Ukrainian economic growth in late 2025 Ukraine’s 12-m...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Despite promising signs, the basis of Russia's economic recovery remains fragile
Despite promising signs, the basis of Russia's economic recovery remains fragile Despite promising signs, the basis of Russia's economic recovery remains fragile Growthin industrialoutput ju...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China’s shows steady growth in second quarter
China’s shows steady growth in second quarter China’s National Bureau of Statistics reports that GDP grew 6.7 % y-o-y in real terms in the second quarter, a growth pace identical to the first quarter...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
No big changes in China's 2017 fiscal policy
No big changes in China's 2017 fiscal policy The Ministry of Finance expects the general government deficit to come in at around 2.6 trillion yuan this year, slightly over 3 % of 2017 GDP. Last y...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Contraction in Russian foreign trade and capital outflow slowed down
Contraction in Russian foreign trade and capital outflow slowed down Preliminary balance-of-payments figures show the value of Russian imports shrank 10 % y-o-y in dollar terms during April-June. Goo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
April’s economic numbers confirm China’s ongoing slowdown
April’s economic numbers confirm China’s ongoing slowdown After slight improvements in key economic indicators in March, April’s figures were weaker than most observers had expected. Growth in indust...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
A fifth of foreign debt of Russian banks and other businesses denominated in rubles
Russia A fifth of foreign debt of Russian banks and other businesses denominated in rubles The Central Bank of Russia reports that the total foreign debt of Russian banks and other Russian corporati...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Concerns over Russia's regional budget deficits
Russia Concerns over Russia's regional budget deficits Regional budgets (consolidated budgets of the regional and local levels) represent slightly over a third of Russia's government-sector ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian GDP growth slowed in the first quarter of this year
Russia Russian GDP growth slowed in the first quarter of this year The latest Rosstat figures show that seasonally adjusted GDP in the first quarter increased by 0.5 % from the previous quarter...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Nearly a fifth of Russian workers classed as working poor
Russia Nearly a fifth of Russian workers classed as working poor Nearly a fifth of Russian workers classed as working poor A new study from the government's Analytical Center finds that roughly...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China’s labour markets dealing well with lower economic growth
China’s labour markets dealing well with lower economic growth About 13 million new jobs were created last year in urban areas. That number well exceeded the government’s target of 10 million urban j...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
First-quarter figures show contraction in Russian foreign trade and net capital outflow
Russia* First-quarter figures show contraction in Russian foreign trade and net capital outflow Preliminary balance- of-payments figures show that the value of Russian exports of goods and services ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Rosstat reports Russian GDP up 1.3 % in 2019; revises figures for previous years
Russia Rosstat reports Russian GDP up 1.3 % in 2019; revises figures for previous years Last year, Russian GDP grew at its slowest pace in three years as growth averaged slightly over 2 % ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian economy continued to contract in December
Russian economy continued to contract in December Rosstat reports that industrial output and retail sales both continued to slide in December. In annual terms, retail sales were down 15 %, a fall amp...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Investment in Russia declines; structure of branches targeted for investment continues to shift
Investment in Russia declines; structure of branches targeted for investment continues to shift Fixed capital investments in Russia fell nearly 3 % last year. The on-year change decayed further in Ja...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian government support has helped move fixed investment towards recovery, outlook remains unsure
Russia Russian government support has helped move fixed investment towards recovery, outlook remains unsure After shrinking by 7.5 % y-o-y in the second quarter, real fixed investment contracte...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020