Number of banks operating in Russia still declining, but not as fast as earlier
Russia Number of banks operating in Russia still declining, but not as fast as earlier Central Bank of Russia governor Elvira Nabiullina declared that the purging of unhealthy banks from the sector ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Large shifts in structure of government revenues and spending
Large shifts in structure of government revenues and spending In the first half of 2015, revenues to the consolidated budget (federal, regional and local governments, plus state social funds) remain...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
No changes expected in Russian corporate taxation in coming years
No changes expected in Russian corporate taxation in coming years Last week, finance minister Anton Siluanov presented his ministry’s proposed tax policy framework for 2016–2018. He promised that the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
BOFIT 2015–2017 forecast sees further slowdown in China’s growth without certainty of a soft landing
BOFIT 2015–2017 forecast sees further slowdown in China’s growth without certainty of a soft landing The latest BOFIT Forecast for China came out this week. We expect Chinese economic growth this yea...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
The 2024 global economy grinds out better-than-expected performance
global economy,BOFIT Weekly Review The 2024 global economy grinds out better-than-expected performance Despite a multitude of downside risks, global economic growth this year slightly exceeded the p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Latest BOFIT forecast sees China’s slowing growth exacerbating economic problems
China Latest BOFIT forecast sees China’s slowing growth exacerbating economic problems The outlook for China’s economy has become increasingly uncertain this year. As in our March 2018–2020 forecast...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China and the US agree to postpone tariff hikes to give negotiators time to resolve trade disputes
China China and the US agree to postpone tariff hikes to give negotiators time to resolve trade disputes Presidents Donald Trump and Xi Jinping held high-level bilateral talks during the G20 summit ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia approves changes in taxation on consumption and corporations
Russia Russia approves changes in taxation on consumption and corporations The changes to the tax laws signed by president Putin early this month enter into force at the beginning of 2019. Although ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China shuts down cryptocurrency-related activities
China China shuts down cryptocurrency-related activities China shuts down cryptocurrency-related activities Chinese officials announced at the start of the month the banning of all fund-raising sch...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Rapid expansion of Russian consumer borrowing raises concerns
Russia Rapid expansion of Russian consumer borrowing raises concerns Preliminary data released by the CBR show that on-year growth in the stock of credit granted to households accelerated in the fir...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia and China strive to increase their bilateral trade
Russia Russia and China strive to increase their bilateral trade As part of the February 4 meeting of presidents Vladimir Putin and Xi Jinping at the opening of the Beijing Winter Olympics were sign...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia's development plans are complemented with strategic initiatives
Russia Russia's development plans are complemented with strategic initiatives Russia’s long-term economic policy is based on the National Goals for 2030 announced by president Putin in July 2020...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
EU ban on imports of Russian coal goes into effect
Russia EU ban on imports of Russian coal goes into effect The EU’s ban on imports of Russian coal entered into force on August 10. The EU decision to ban Russian coal, which was made last April, inc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian economy began to contract in April
Russia Russian economy began to contract in April The impacts of Russia’s unprovoked attack on Ukraine are now beginning to emerge on a wider scale throughout the Russian economy. The scale of impac...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
CEFC China Energy actively investing in Russia, but goods trade remains the focus of economic relations
Russia CEFC China Energy actively investing in Russia, but goods trade remains the focus of economic relations An under-the-radar Chinese firm, CEFC China Energy, which had never invested earlier in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
BOFIT forecasts managed slowdown in China's growth, but debt and sluggish reform cloud outlook
BOFIT forecasts managed slowdown in China's growth, but debt and sluggish reform cloud outlook China's economic growth remained brisk in the start of this year, and may even have accelerated ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian GDP figures confirm economic recovery in final months of 2016
Russian GDP figures confirm economic recovery in final months of 2016 The first set of quarterly GDP data for the entire year 2016 from Russia's national statistics agency Rosstat tell about the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Finland at 100: China's significance as a trading partner continues to rise
China Finland at 100: China's significance as a trading partner continues to rise Finland at 100: China's significance as a trading partner continues to rise China is currently Finland'...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Global energy market trends not expected to cause big changes for Russia in near term
Russia Global energy market trends not expected to cause big changes for Russia in near term The base scenario used in this year’s World Energy Outlook from the International Energy Agency (IEA) for...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Oil revenues also boost Russia’s foreign currency and gold reserves
Russia Oil revenues also boost Russia’s foreign currency and gold reserves The CBR reports that the value of its foreign currency and gold reserves at the end of last year climbed to 554 billion dol...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020