Officials take over troubled Chinese bank
China Officials take over troubled Chinese bank Faced with insurmountable financial difficulties, Baoshang Bank, which operates mainly in Inner Mongolia, was taken over last Friday (May 24) by the C...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia's 2018−20 monetary policy guidelines stress the role of inflation expectations
Russia's 2018−20 monetary policy guidelines stress the role of inflation expectations The Central Bank of Russia reaffirmed its inflation target of "close to 4 %" a year on average. The...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Apartment prices in China’s big cities in decline at the end of 2018
China Apartment prices in China’s big cities in decline at the end of 2018 Figures from the National Bureau of Statistics and survey data produced by the Soufun housing real estate portal show that ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Moscow stock exchange’s dollar-denominated RTS index declined 8 % last year
Russia Moscow stock exchange’s dollar-denominated RTS index declined 8 % last year With over half of the RTS general index weighting consisting of companies in the oil and gas sector, it is eas...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Poorer employment opportunities for young Chinese and internal migrants
China Poorer employment opportunities for young Chinese and internal migrants According to official figures, 747 million people were employed in China last year, of which 63 % had jobs in urban...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
EU and Russia extend sanctions
Russia EU and Russia extend sanctions EU and Russia extend sanctions The EU Commission decided on June 28 to keep economic sanctions targeting specific sectors in place until January 31, 2018. The ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
PBoC slightly lowers bank reserve requirements and publishes list of economic support measures
China PBoC slightly lowers bank reserve requirements and publishes list of economic support measures The People’s Bank of China announced on April 15 that it was lowering the reserve requirement rat...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian export earnings and imports recovered quickly in 2021, large private capital outflows
Russia Russian export earnings and imports recovered quickly in 2021, large private capital outflows Preliminary balance of payments figures from the Bank of Russia show a strong recovery in the cou...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
New rules require Chinese insurance companies to reveal their ownership structures
China New rules require Chinese insurance companies to reveal their ownership structures The newly merged banking and insurance regulator CBIRC released new rules in May that substantially increase ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Chinese developer Evergrande continues to struggle as real estate sales faulter
China Chinese developer Evergrande continues to struggle as real estate sales faulter July real estate sales measured by floorspace declined by 9 % y-o-y. Two-year average annual growth was zer...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia’s foreign goods trade recovered; corporate capital outflow rose
Russia Russia’s foreign goods trade recovered; corporate capital outflow rose As expected, preliminary balance-of-payments figures from the Central Bank of Russia show that export revenues and impor...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
FDI spending of Chinese firms hit record in 2016
FDI spending of Chinese firms hit record in 2016 China's official figures show outward foreign direct investment flow (excluding financial sector investments) last year amounted to $170 billion, ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China experiences increased labour unrest in November
China experiences increased labour unrest in November China Labour Bulletin (CLB), a Hong-Kong-based publication, reports that the number of strikes and labour protests in November exceeded all previ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Profits of Chinese industry showed record drop in December
Profits of Chinese industry showed record drop in December Profits of large industrial firms fell 8 % y-o-y in December. On-year profit margins have been shrinking since October. While profits still ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Chinese retail sales support economic growth
Chinese retail sales support economic growth August figures on the real economy reinforce the view that, while China’s economy continues to slow, its structure is also evolving. Growth of fixed asset...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian output shows transient spike in December
Russian output shows transient spike in December Industrial output growth accelerated in December, particularly in a couple of manufacturing branches. Some experts suggest that the acceleration large...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Chinese developers enter fifth consecutive year of financial struggles
China,BOFIT Weekly Review Chinese developers enter fifth consecutive year of financial struggles In recent weeks, China Vanke, once China’s largest property developer, has been making headlines. The...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Lower growth in Chinese real wages
China Lower growth in Chinese real wages Lower growth in Chinese real wages. The 2020 Global Salary Forecast from the American consulting firm, Korn Ferry, sees average global real-wage increases to...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Moderate rise in Russian government spending
Russia Moderate rise in Russian government spending Revenues to Russia’s consolidated budget (federal, regional and municipal budgets plus state social funds) in the first half of this year were up ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Robust increase in Russian government revenues, substantial budget surpluses
Russia Robust increase in Russian government revenues, substantial budget surpluses Revenues to the consolidated budget (federal, regional and local budgets, plus government social funds) in the fir...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018