Chinese bank lending breaks records in January
China Chinese bank lending breaks records in January The People’s Bank of China reports that the stock of yuan bank loans increased to 3.23 trillion yuan (480 billion dollars) in January, an increas...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia's public finances in overall balance
Russia Russia's public finances in overall balance Revenues to the consolidated budget (federal, regional and local budgets plus state social fund budgets) increased by over 15 % y‑o‑y in the fi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian central bank plans to start "bad" bank
Russia Russian central bank plans to start "bad" bank Central Bank of Russia deputy governor Vasily Pozdyshev said Monday (Apr. 2) that problem loans and certain other assets of the banks ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia's economic recovery stumbles again
Russia Russia's economic recovery stumbles again The Russian economy performed at least slightly better in the first quarter ofthis year overall compared to the halt of growth in the second half...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China’s ratio of bank credit to GDP continues to rise
China China’s ratio of bank credit to GDP continues to rise China’s bank lending stock rose by 13 % y-o-y in December. However, monetary easing last year failed to significantly boost bank lend...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
PBoC grants commercial banks credit to buy corporate bonds
China PBoC grants commercial banks credit to buy corporate bonds Media reports assert that the People's Bank of China is using its medium-term lending facility (MLF) to provide collateralised lo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Chinese firms struggle with late payments and debt
Chinese firms struggle with late payments and debt Bloomberg News reports that Chinese firms are waiting longer for their customers to pay their bills. The median time for getting the money after sal...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Chinese corporate profits dragged down by long slide in producer prices
Chinese corporate profits dragged down by long slide in producer prices Chinese corporate profits dragged down by long slide in producer prices. Producer prices were down 5.9 % y-o-y in September. Pr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Latest BOFIT forecast sees Russian economy returning to modest growth next year
Russia Latest BOFIT forecast sees Russian economy returning to modest growth next year The coronavirus pandemic and turbulence in the global oil markets have battered the Russian economy this year. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
International institutions concerned about soaring indebtedness in China
International institutions concerned about soaring indebtedness in China The Bank for International Settlements (BIS) data for January-March reveal several “early-warning” indicators that point to in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
CBR leaves rates unchanged
CBR leaves rates unchanged As the markets expected, the Central Bank of Russia suspended systematic rate cuts at last week’s meeting, leaving the key rate at 11 %. Having cut at every meeting since t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
China’s economy continued to slow in January according to purchasing manager indexes
China’s economy continued to slow in January according to purchasing manager indexes The latest reading of the official index of manufacturing purchasing managers (PMI) compiled by China’s National ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
BOFIT Forecast for China 2022–2024 / 2
China,forecast BOFIT Forecast for China 2022–2024 is published China’s current modest economic growth will likely extend through 2024. For the third year in a row, China’s strict zero-covid policies...
Bofit.fi / Bofit homepage / BOFIT / News / 2022
Russia’s large federal budget surplus begins to shrink
Russia’s large federal budget surplus begins to shrink Despite the third-quarter reversal, the federal budget surplus for the last 12-month period still amounted to nearly 3 % of GDP. The turn reflec...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
BOFIT Forecast for Russia 2023-2024 / 1
Russia,forecast BOFIT Forecast for Russia 2023–2024 is published Russia’s unprovoked invasion of Ukraine and the economic sanctions imposed on Russia drove the Russian economy to the verge of crisis...
Bofit.fi / Bofit homepage / BOFIT / News / 2023
Growth in Russian industrial output revived in February
Russia Growth in Russian industrial output revived in February Industrial output growth rose to 2.6 % y-o-y in January-February. The figure moved up towards the growth figure for all of 2018. E...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s foreign debt up slightly in the first quarter
Russia’s foreign debt up slightly in the first quarter Growth in Russia’s foreign debt basically came from government foreign debt. Russia’s foreign debt is held mainly by non-bank corporations, bank...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Revised Rosstat figures give a significantly brighter view of recent industrial output growth
Russia Revised Rosstat figures give a significantly brighter view of recent industrial output growth Revised 2016–17 data show that Russian industrial output, rather than the 2.3 % reported earlier,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Direct investment flows into and out of China continue to rise
Direct investment flows into and out of China continue to rise Foreign direct investment (FDI) into China in the second quarter amounted to $34 billion, an increase of 6 % from 2Q14. Outbound FDI fr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s current account surplus persists, outbound capital flow diminishes
Russia’s current account surplus persists, outbound capital flow diminishes Preliminary balance-of-payments figures show that Russia’s current account surplus amounted to nearly $20 billion in the se...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015