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
Transient factors accounted for some of India’s recent robust GDP growth performance
India,BOFIT Weekly Review Transient factors accounted for some of India’s recent robust GDP growth performance Latest data show that Indian GDP in July-September grew 8.2 % y-o-y. Private consumptio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
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
Ukraine’s growth slows; foreign financing remains a critical source of budget funding
Ukraine,economy Ukraine’s growth slows; foreign financing remains a critical source of budget funding Ukraine’s GDP growth depressed by destruction of its energy sector Preliminary figures released...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
New Delhi summit winds up India’s G20 presidency
#India New Delhi summit winds up India’s G20 presidency Hosted in the capital city of New Delhi, Indian prime minister Narendra Modi welcomed a large contingent of world leaders to the G20 summit on...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Moderate global growth expected next year
world economy Moderate global growth expected next year The strength of global economic growth surprised many observers this year. A major driver was the robust performance of the US economy, which ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
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’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
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
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
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
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
Half of the cars built and sold in China still only have internal combustion engines
China,economy,BOFIT Weekly Review Half of the cars built and sold in China still only have internal combustion engines The China Association of Automobile Manufacturers (CAAM) reports that productio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
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
Yuan’s depreciation trend likely over; Chinese currency’s internationalisation progresses slowly
Yuan’s depreciation trend likely over; Chinese currency’s internationalisation progresses slowly The yuan’s persistent weakening bias, which have lasted for most of this year, appears to have ended. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Official figures on track to meet China’s GDP target but assessing the actual growth rate remains challenging
Official figures on track to meet China’s GDP target but assessing the actual growth rate remains challenging The Chinese economy grew by 4.8 % y-o-y in the third quarter of this year. The reduction ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
European firms report increased uncertainty surrounding China’s business environment
European firms report increased uncertainty surrounding China’s business environment The European Union Chamber of Commerce in China (European Chamber) in late September released a position paper cal...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023