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
China lowers its bank reserve requirement by one percentage point
China lowers its bank reserve requirement by one percentage point The People's Bank of China cut its reserve requirement ratio (RRR) for small and mid-sized banks from 15 % to 14 %, and for large...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
European firms demand the elimination of preferential treatment of Chinese state-owned enterprises
China European firms demand the elimination of preferential treatment of Chinese state-owned enterprises The European Union Chamber of Commerce in China this week released its Position Paper 2019/20...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian defence spending large, even after declines
Russia Russian defence spending large, even after declines Russian government defence spending fell slightly in nominal ruble terms last year. In real terms, defence spending is down, but reminiscen...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Local governments in China struggle with access to finance
China Local governments in China struggle with access to finance Local government bond issues are currently on the decline. China's finance ministry reports that local governments last year issu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China want to make the Pearl River Delta a world-class urban centre
China China want to make the Pearl River Delta a world-class urban centre Last week, a high-level working group held its initial meeting in Beijing to discuss development plans of the Pearl River De...
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
Russian and U.S. presidents met in Helsinki
Russia Russian and U.S. presidents met in Helsinki At the Helsinki summit last Monday (July 16), discussions focused on foreign and security policy, but also economic relations were touched upon. Pu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China’s economic performance showed no clear signs of improvement in May; lacklustre performance reflected in financial markets
#china China’s economic performance showed no clear signs of improvement in May; lacklustre performance reflected in financial markets China’s National Bureau of Statistics (NBS) reports that indust...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Latest BOFIT forecast sees continued slowdown in China’s growth in coming years
Latest BOFIT forecast sees continued slowdown in China’s growth in coming years As in our earlier forecasts, the latest BOFIT Forecast for China 2015–2017 sees GDP growth this year still near 7 % p.a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Kyrgyzstan becomes newest member of Eurasian Economic Union; Kazakhstan completes WTO accession talks
Kyrgyzstan becomes newest member of Eurasian Economic Union; Kazakhstan completes WTO accession talks The Eurasian Economic Union (EEU), which includes Russia, Kazakhstan, Belarus and Armenia, welcom...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian government approves economic support programme
Russian government approves economic support programme The aims of the programme adopted last week include stabilising Russia’s economic conditions, supporting import substitution as well as improvin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
BOFIT sees continued modest slowdown in growth for China
BOFIT sees continued modest slowdown in growth for China Despite market fluctuations, our latest BOFIT Forecast for China sees China’s development in coming years conforming largely to our earlier fo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia’s National Welfare Fund swells; CBR forex and gold reserves hit record high in August
Russia Russia’s National Welfare Fund swells; CBR forex and gold reserves hit record high in August At the end of August, the National Welfare Fund (NWF), which has been built up from taxing the ene...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
No changes expected in Russian corporate taxation in coming years
No changes expected in Russian corporate taxation in coming years Last week, finance minister Anton Siluanov presented his ministry’s proposed tax policy framework for 2016–2018. He promised that the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Outward FDI growth of Chinese firms stalls this year
China Outward FDI growth of Chinese firms stalls this year To deal with outflows of foreign currencies, declining forex reserves and depreciation pressure on the yuan, China over the past year has s...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Coal will still account for over half of Chinese power generation in 2030
China Coal will still account for over half of Chinese power generation in 2030 China remains heavily dependent on coal. The IEA's latest World Energy Outlook reports that coal accounted for 73 ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Contraction of Russian economy accelerated in September
Russia Contraction of Russian economy accelerated in September Preliminary figures from the economic development ministry show Russian GDP contracted by 5 % y-o-y in September, a slightly highe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Private demand down sharply in Russia
Private demand down sharply in Russia Following December’s shopping spree sparked by the ruble’s fall, the volume of seasonally adjusted retail sales fell three months in a row. Thus, first-quarter ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
China posts large current account surplus in first half; capital outflow continues
China China posts large current account surplus in first half; capital outflow continues China’s preliminary balance-of-payments figures show a current account surplus of 80 billion dollars for the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022