China’s ballooning current account surplus also drives capital outflows and increases China’s net international investment position
China,BOFIT Weekly Review China’s ballooning current account surplus also drives capital outflows and increases China’s net international investment position China’s booming foreign trade surplus bo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
After a selective start, Russia moves to beef up economic support
Russia After a selective start, Russia moves to beef up economic support Russia’s approved federal budget calls for brisk increases in spending this year. The government has announced it remains com...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
The United States and emerging economies have become the engines of global growth
The United States and emerging economies have become the engines of global growth Global economic growth in the second half of 2023 slightly exceeded forecasts thanks to robust growth in the US and c...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
US-China technology competition intensifies as trade structure shifts
#China US-China technology competition intensifies as trade structure shifts In mid-December, the US Department of Commerce added 36 Chinese firms to its entity list. Exporting US technology or good...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s economic contraction last year mitigated by government spending
#Russia Russia’s economic contraction last year mitigated by government spending Rosstat last week released its first assessment of Russian GDP in 2022. According to its preliminary estimate, Russia...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Hong Kong’s economic outlook is shaped by an ongoing downturn in the real estate sector, US monetary policy, the economic challenges facing mainland China, and geopolitical tensions
China,economy,BOFIT Weekly Review Hong Kong’s economic outlook is shaped by an ongoing downturn in the real estate sector, US monetary policy, the economic challenges facing mainland China, and geopo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
China’s largest banks increased their share of the banking sector last year
China’s largest banks increased their share of the banking sector last year Total assets of the banking sector grew by 10 % in 2023, roughly matching the growth pace of the previous year. Over t...
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
Significant economic differences across Russia’s cities with populations of more than one million
Russia Significant economic differences across Russia’s cities with populations of more than one million Russia has 16 cities with more than a million inhabitants. The five biggest cities after Mosc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
BOFIT forecasts low growth for the Russian economy in coming years
Russia BOFIT forecasts low growth for the Russian economy in coming years Our latest BOFIT forecast for Russia, which covers the 2018–2020 period, sees GDP growth this year remaining below 2 %,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
OECD recommends China focus on economic reforms
OECD recommends China focus on economic reforms The OECD last week released its latest OECD Economic Survey of China. The report sees economic growth slowing slightly, but remaining above 6 % p.a. in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
While China's industrial output growth accelerated in the first two months of this year, construction activity and apartment sales declined
China While China's industrial output growth accelerated in the first two months of this year, construction activity and apartment sales declined China’s National Bureau of Statistics (NBS) repo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Outlook for Chinese banks gets bleaker
Outlook for Chinese banks gets bleaker Chinese banks have released their financial statements for the first half of this year. The overall condition of Chinese banks has deteriorated by several measu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia posted good economic growth in 4Q21; manufacturing particularly strong
Russia Russia posted good economic growth in 4Q21; manufacturing particularly strong Russia’s economy ministry released estimates for the recovery of GDP from the 2020 recession. In the fourth quart...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Declines in industrial output vary across Russian regions; retail sales making comeback from depths
Russia Declines in industrial output vary across Russian regions; retail sales making comeback from depths Total industrial output, which comprises extractive industries and manufacturing, recovered...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Taiwanese economy thrives despite tense political relations with mainland China
China Taiwanese economy thrives despite tense political relations with mainland China Taiwan’s current president since 2016, Tsai Ing-wen was re-elected this month to a second term. Tsai, the member...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Latest BOFIT forecast sees further contraction of Russian GDP and imports this year, with slow recovery thereafter
Latest BOFIT forecast sees further contraction of Russian GDP and imports this year, with slow recovery thereafter The Russian economy slowed for the third consecutive year with growth coming nearly...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s GDP growth modest and government deficit on the rise
Russia,BOFIT Weekly Review Russia’s GDP growth modest and government deficit on the rise Rosstat figures show that Russian GDP grew by 1 % y-o-y in the first nine months of this year. Preliminary fi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
China attempts to contain its real estate sector crisis and support the economy through increased funding
China* China attempts to contain its real estate sector crisis and support the economy through increased funding The latest government measures directed at the real estate sector seek to assure that...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
China prepares to launch the world’s largest emissions trading scheme
China China prepares to launch the world’s largest emissions trading scheme China is the world’s biggest climate polluter, accounting for 29 % of all carbon dioxide emissions last year. China’s...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020