Russia’s foreign debt fell in the third quarter
Russia’s foreign debt fell in the third quarter Preliminary Central Bank of Russia figures put Russia’s foreign debt at $522 billion as of end-September, down by just over $30 billion from end-June. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Large domestic interest in Russian government bonds
Russia Large domestic interest in Russian government bonds As a consequence of the economic recession caused by the coronavirus pandemic, Russia’s government sector surplus has turned to deficit. Th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Sales of consumer goods during China’s Golden Week holiday beat 2019 numbers
China Sales of consumer goods during China’s Golden Week holiday beat 2019 numbers China’s Golden Week autumn holiday (Oct. 1–8) kicked off with National Day on October 1. For two decades now, the f...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
China’s FDI outflows and FDI inflows decline slightly
China China’s FDI outflows and FDI inflows decline slightly Commerce ministry figures show that foreign direct investment (FDI) in January-June, both outflows from China and inflows to China, fell b...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Prime minister Mishustin lays out Russia’s road to economic recovery
Russia Prime minister Mishustin lays out Russia’s road to economic recovery Mikhail Mishustin’s economic recovery plan hopes to reach a sustainable long-term growth path by the end of 2021. Over the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
EU Chamber of Commerce in China worries about slowdown of opening up
China EU Chamber of Commerce in China worries about slowdown of opening up This week, the European Union Chamber of Commerce in China (European Chamber) released a Position Paper 2020/21 that makes ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
After relatively robust first-quarter performance, Russia experiences collapse of industrial output and consumption in April
Russia After relatively robust first-quarter performance, Russia experiences collapse of industrial output and consumption in April Rosstat reports that Russia’s industrial output climbed by 1.5...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
CBR now publishes the RUONIA rate
Russia CBR now publishes the RUONIA rate The weighted average interest rate on unsecured overnight interbank ruble loans, or Ruonia (Ruble Overnight Index Average) is a key reference rate for R...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Large Russian private bank Uralsib faces bankruptcy prevention measures
Large Russian private bank Uralsib faces bankruptcy prevention measures Nikolai Tsvetkov, the previous majority owner of Uralsib, this week completed the sale of an 82 % stake to Vladimir Kogan, who ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Central Bank of Russia to sell its controlling stake in Sberbank to the finance ministry
Russia Central Bank of Russia to sell its controlling stake in Sberbank to the finance ministry About half of the shares of Sberbank, which is listed on the Moscow Stock Exchange, are currently held...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Investment growth slowed significantly in the first four months of the year
Investment growth slowed significantly in the first four months of the year Growth in fixed asset investment (FAI) has slowed significantly all year, and was up just 12 % y-o-y in January-April. In ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Foreign direct investment inflow to Russia last year was lower than in 2009
Foreign direct investment inflow to Russia last year was lower than in 2009 Inbound foreign direct investment flow to Russia last year fell to $21 billion, down from an average of $55 billion a year...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Ukraine gets new 4-year IMF fund facility
Ukraine gets new 4-year IMF fund facility The IMF’s executive board decided on March 11 to go ahead with a new lending programme for Ukraine. The new fund facility lasts four years, during which time...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Profit growth at China’s big banks slows significantly
Profit growth at China’s big banks slows significantly Three of the four giant, largely state-owned banks that dominate China’s banking sector reported lower profit growth last year. Growth in profit...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Chinese wage growth remains robust
Chinese wage growth remains robust Even with the overall slowdown in Chinese economy, wage growth has slowed only modestly. Factors supporting real wage growth, in addition to economic growth itself,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Investment in EV plants and infrastructure drove much of the increase in Chinese FDI in Europe last year
China,economy,BOFIT Weekly Review Investment in EV plants and infrastructure drove much of the increase in Chinese FDI in Europe last year The Merics and Rhodium Group think tanks last week released...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russian economy likely to remain in recession throughout 2023
#Russia Russian economy likely to remain in recession throughout 2023 The Russian economy went into a tailspin in the weeks immediately following Russia’s invasion of Ukraine and further escalation ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
China’s finance ministry expects low government revenue growth this year
China’s finance ministry expects low government revenue growth this year Before adjourning last week, the National People’s Congress approved the realised 2023 budget and finalised the 2024 central g...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
China’s April economic growth slows from first-quarter pace
BOFIT Weekly Review,China China’s April economic growth slows from first-quarter pace With nominal retail sales growth of just 0.2 % y-o-y in April, real growth in retail sales, which accounts for c...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Ukraine will receive significant funding from G7 loan program based on proceeds from frozen Russian assets this year
Ukraine,economy,BOFIT Weekly Review Ukraine will receive significant funding from G7 loan program based on proceeds from frozen Russian assets this year Ukraine’s largest source of external funding ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025