Russian federal budget revenues get a big boost from higher oil prices
Russian federal budget revenues get a big boost from higher oil prices Federal government revenues in the first quarter were much higher than in 1Q16. Revenues increased for the first time since late...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Construction of new Rosatom reactor units in China gets underway
Construction of new Rosatom reactor units in China gets underway China announced in late May that construction work on new reactor units was underway at the Tianwan and Xudapu nuclear power plants. R...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Wage growth slows; Chinese wage levels already high among emerging economies
Wage growth slows; Chinese wage levels already high among emerging economies The latest household survey of China's National Bureau of Statistics finds that wage growth in urban areas slowed to 7...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
International use of the yuan proceeds slowly, even though it is increasingly used in China's foreign trade
China,economy,BOFIT Weekly Review International use of the yuan proceeds slowly, even though it is increasingly used in China's foreign trade In a speech in Shanghai last month, China’s central ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Global growth faces increased risks
global economy,trade,imf,BOFIT Weekly Review Global growth faces increased risks The International Monetary Fund (IMF) last week released its quarterly update of the World Economic Outlook. Global g...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Publications
Research papers are published in our BOFIT Discussion Papers series, while topics of current interest are addressed in the BOFIT Policy Brief series. BOFIT blog entries in Finnish or English are poste...
Bofit.fi / Bofit homepage
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
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
Chinese efforts to stave off economic slowdown to continue in 2024
China Chinese efforts to stave off economic slowdown to continue in 2024 In recent months, China has employed a wide variety of measures to stimulate economic growth (BOFIT Weekly 44/2023). Most of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
IMF raises its forecast for global economic growth
world economy IMF raises its forecast for global economic growth In its latest World Economic Outlook released this week, the International Monetary Fund now sees annual global growth reaching 3.0...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
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
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
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
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
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
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
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
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
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
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