China's Silk Road project moves ahead
China's Silk Road project moves ahead The "One Belt, One Road" (OBOR) summit was held in Beijing on May 14–15. The meeting featured delegations from over 100 countries, as well as the I...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Maize boosts this year’s grain harvest in China
China Maize boosts this year’s grain harvest in China China’s National Bureau of Statistics reports that the country’s total grain harvest this year amounted to 683 million metric tons, a 2 % i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China nears euro area in terms of consumed foreign value added of goods and services
China China nears euro area in terms of consumed foreign value added of goods and services The OECD released its latest Trade in Value Added (TiVA) assessment in mid-November. The figures cover 66 e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China’s role in international patent activity continues to increase rapidly
China’s role in international patent activity continues to increase rapidly The latest figures from the World Intellectual Property Organization (WIPO) show that the volume of patent applications fil...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
IMF says global outlook has improved significantly from three months ago
China IMF says global outlook has improved significantly from three months ago The April edition of the International Monetary Fund’s World Economic Outlook sees the global economy growing by 6 ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
A quarter of all international patent filings last year were made in China
China A quarter of all international patent filings last year were made in China The World International Property Organization (WIPO) estimates that last year there were a total of 275,900 internati...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China ranked the world’s top FDI recipient in 2020
China China ranked the world’s top FDI recipient in 2020 In a trend running counter to the rest of the world, foreign direct investment flows to China increased last year amidst the global pandemic ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China is Myanmar’s most important trading partner
China China is Myanmar’s most important trading partner At the beginning of February, China’s foreign affairs ministry issued a tepid statement noting the military coup in Myanmar and hoped that the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian government deficit soared in 2015
Russian government deficit soared in 2015 Revenues to the consolidated government budget (federal, regional and municipal budgets, plus state social funds) declined 1 % in nominal rubles, while expen...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Minor shifts in the structure of Russian foreign trade
Minor shifts in the structure of Russian foreign trade Measured in US dollars, the value of both goods exports and goods imports contracted by 30 % y-o-y in the fourth quarter of 2015. The rate of co...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Trade dispute gives impetus to long-stalled economic reforms in China
China Trade dispute gives impetus to long-stalled economic reforms in China Chinese officials this summer implemented reforms aimed at easing access of foreign firms to China’s markets. Measures inc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Robotisation of China zooms along
China Robotisation of China zooms along China has been the world's largest market for industrial robots since 2013, and accounted for 30 % of global industrial robot sales in 2016. The Internati...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Finland-China trade soared in the first half
China Finland-China trade soared in the first half Finnish Customs reports the goods trade between Finland and China grew by 20 % y-o-y in the first half of this year. Growth exceeded that of Finni...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian economic situation remains weak
Russian economic situation remains weak In the first two months of this year, seasonally adjusted and workday-adjusted industrial output continued to lack clear direction. After lurching ahead in Jan...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Official figures indicate Russian economy contracted only mildly in 2016
Official figures indicate Russian economy contracted only mildly in 2016 Defying forecasts and various earlier estimates by others based on output data, Rosstat reported its first calculations that R...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian inflation slowed substantially in 2016
Russian inflation slowed substantially in 2016 Consumer prices were up 5.4 % y-o-y at the end of December, the lowest pace for 12-month inflation since spring 2012. Inflation was nearly 13 % at the e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
This year’s economic goals rolled out at National People’s Congress
China This year’s economic goals rolled out at National People’s Congress On Saturday (Mar. 5), the 2,980-member People’s National Congress convened for a week-long plenary session in Beijing. As pa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Despite yuan promotion policies, international use of the currency remains modest
China Despite yuan promotion policies, international use of the currency remains modest The yuan (CNY), which is still not freely convertible due to China’s strict currency controls, has yet to esta...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Healthy increase in Finnish exports to China last year
China Healthy increase in Finnish exports to China last year Finnish Customs values Finland’s goods exports to China last year at 3.5 billion euros, an increase of 4 % from 2017. Exports set a nearl...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
China’s oil imports set record, but uncertainty over near-term oil demand depresses oil market
China China’s oil imports set record, but uncertainty over near-term oil demand depresses oil market China imported 506 million metric tons of crude oil last year, a 9.5 % increase from 2018. C...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020