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
Actual progress in reform of China’s state-controlled enterprises still unclear
Actual progress in reform of China’s state-controlled enterprises still unclear Despite an impressive launch in 2013, China has little to show for its latest attempt at reforming inefficient state-o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Real estate developer Kaisa defaults on bond payments
Real estate developer Kaisa defaults on bond payments Kaisa Group Holdings Ltd. this week failed to make interest payments on two separate dollar bonds. It was the first time a Chinese real estate de...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Companies in Russia rely largely on domestic banks for financing
Russia Companies in Russia rely largely on domestic banks for financing Sanctions limit access to foreign lenders The access of large Russian corporations to international financial markets is extre...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Slow growth for China’s household loan stock
China Slow growth for China’s household loan stock Loans to households represent nearly 30 % of the Chinese banking sector’s loan stock, with the lion’s share of household loans used for buying...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Chinese credit stock continues to rise faster than output
Chinese credit stock continues to rise faster than output The stock of bank loans issued in yuan increased by 13.5 % last year, even if the pace of growth slowed slightly from 2015. Growth in the cor...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China eases rules for foreign firms operating in the financial markets
China China eases rules for foreign firms operating in the financial markets The China Securities Regulatory Commission (CSRC) announced last week (Oct. 11) that limits on foreign ownership in mainl...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian economy continues mixed performance
Russia Russian economy continues mixed performance June economic growth was mostly driven by private consumption. After perking up in the spring months, the trend in investment-driven branches weake...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
CBR takes over Promsvyazbank
Russia CBR takes over Promsvyazbank CBR takes over Promsvyazbank Last Friday (Dec. 15), the CBR announced it would start measures to prevent the bankruptcy of Promsvyazbank, the country's ninth...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Chinese debt levels continue to rise; households piling on debt
China Chinese debt levels continue to rise; households piling on debt Chinese debt levels continue to rise; households piling on debt PBoC figures show that the stock of domestic bank lending in Ch...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Despite the aim of curbing financial market risks, the Chinese continue to pile on debt
China Despite the aim of curbing financial market risks, the Chinese continue to pile on debt As of end-March, the People's Bank of China's broad measure of credit (total social financing or...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia's import recovery slows; outflows of private capital increase slightly
Russia Russia's import recovery slows; outflows of private capital increase slightly Measured in US dollars, the official currency for reporting the value of Russian foreign trade and balance-of...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia revises industrial output data
Russia revises industrial output data Rosstat's 2015 figures for GDP production components were revised upwards earlier this winter, and the 2016 figures were less negative than expected. Both ou...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China’s leaders sketch out areas of economic policy focus for 2017
China’s leaders sketch out areas of economic policy focus for 2017 The communique from the mid-December Central Economic Work Conference highlighted the usual themes of maintaining stability and movi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Payment delays on the rise in China
Payment delays on the rise in China It now takes exchange-listed firms over 90 days on average to receive payment from their customers. In 2011, the average payment time was under 60 days. Since then...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
IMF disburses new loan tranche to Ukraine
IMF disburses new loan tranche to Ukraine At its meeting on Wednesday (Sept. 14), the executive board of the International Monetary Fund voted to grant Ukraine the third tranche of its four-year $17....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Chinese domestic indebtedness continues to soar
Chinese domestic indebtedness continues to soar Using its broad concept of “total social financing,” China’s central bank reports that domestic indebtedness climbed 13 % y-o-y in the third quarter wh...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
BOFIT Forecast for China 2023-2025 / 1
#China #forecast BOFIT Forecast for China 2023–2025 is published The Chinese government made a surprising reversal of its zero-covid policies late last year and ended the long-lasting downturn of th...
Bofit.fi / Bofit homepage / BOFIT / News / 2023
Russia’s foreign debt increased slightly this year
Russia Russia’s foreign debt increased slightly this year At the end of September, Russia’s foreign debt amounted to 470 billion dollars, including about 60 billion dollars in short-term debt. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Implementation of Russia’s national projects plods ahead
Russia Implementation of Russia’s national projects plods ahead Total funding for the 13 national projects is scheduled to exceed 3 % of forecast GDP during 2019−2024. This includes the roughly...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019