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
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
China surpasses the US in volume of international patent applications
China China surpasses the US in volume of international patent applications 2019 figures just released by the World Intellectual Property Organization (WIPO), a specialised UN agency, show that a to...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Large shifts in structure of government revenues and spending
Large shifts in structure of government revenues and spending In the first half of 2015, revenues to the consolidated budget (federal, regional and local governments, plus state social funds) remain...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Regions and local governments face precarious budget circumstances
Regions and local governments face precarious budget circumstances First- and second-quarter revenues to the consolidated budget (federal, regional and local government revenues plus state social fu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
IMF report clarifies issues on possible inclusion of yuan in SDR basket
IMF report clarifies issues on possible inclusion of yuan in SDR basket The IMF Board will decide this November on adding the Chinese yuan to the IMF’s Special Drawing Rights (SDR) basket reserve cu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
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
Russian government budget framework assumes lean years ahead
Russian government budget framework assumes lean years ahead In its latest budget framework proposal to the government, the finance ministry expects the nominal value of government revenues to fall t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Depressed Russian demand and output continued in May
Depressed Russian demand and output continued in May For the third month in a row, the volume of retail sales was down about 9 % y-o-y. The contraction for the first five months of 2015 was over 7.5...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Nominal increase in public sector revenues comes to a near halt
Nominal increase in public sector revenues comes to a near halt First-quarter revenues to the consolidated budget, which includes federal, regional and local government budgets, as well as state soci...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian Duma approves adjustments to federal and social fund budgets for 2015
Russian Duma approves adjustments to federal and social fund budgets for 2015 The Duma made no change to the government’s proposed federal budget in aggregate, even if the modifications had caused h...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russians experienced drop in real household incomes last year
Russians experienced drop in real household incomes last year Rising inflation caused real household incomes to contract by nearly 1 % last year. When inflation flared in November and December 2014, ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
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
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
Sluggish growth in global trade
#worldeconomy Sluggish growth in global trade Several international forecasters have revised their economic outlooks in recent weeks. The IMF’s World Economic Outlook (WEO) released last week now se...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
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
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
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
New round of US tariffs could significantly slow global growth
China,economy,BOFIT Weekly Review New round of US tariffs could significantly slow global growth On April 2, the United States president Donald Trump announced “reciprocal” import tariffs of 10–50 %...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025