China’s 2020 budget deficit set to rise
China China’s 2020 budget deficit set to rise The finance ministry’s budget report anticipates that central and local government spending will increase this year by approximately 1 trillion yuan to ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
China’s housing market revives, but differences across regions remain large
China China’s housing market revives, but differences across regions remain large The housing market in China slowed to a virtual standstill in late January and early February with the spread of the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
US adopts even harsher policy stance towards China
China US adopts even harsher policy stance towards China This summer saw the United States impose a number of measures on China that provoked China to respond with its own measures. US-China relatio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
China-India relations on the skids
China China-India relations on the skids Relations between Asia’s two giants have become tense with the border squabbles of recent months that have claimed several lives. Even as the military postur...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Economic relations reaffirmed at China-Africa summit
Economic relations reaffirmed at China-Africa summit South Africa hosted the sixth ministerial conference on China-Africa Cooperation early this month in Johannesburg. Chinese president Xi Jinping h...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Profitability of Chinese industrial firms improved over the summer
China Profitability of Chinese industrial firms improved over the summer With the Chinese economy recovering, the plight of industrial firms has also improved. July was the third month in a row that...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Separate development plan approved for areas near Chinese border in Russia’s Far East regions
Separate development plan approved for areas near Chinese border in Russia’s Far East regions In recent years, Russia has focused greater attention on its Far Eastern regions, but despite development...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Mixed signals on direction of Russian economy
Mixed signals on direction of Russian economy The slide in domestic demand continued in October as seasonally adjusted retail sales, reflecting private consumption which is the largest demand compone...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Significant changes again in structure of investments in Russia
Significant changes again in structure of investments in Russia Overall investment in the economy in the first half of this year contracted over 5 % y-o-y, but there were significant variations acros...
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
China yet to abandon strict GDP growth target
China yet to abandon strict GDP growth target In his address on Sunday (Mar. 5) to the opening session of the annual National People's Congress, premier Li Keqiang presented a passel of numeric t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
BOFIT forecast sees Russian economy returning to growth
BOFIT forecast sees Russian economy returning to growth Preliminary data suggest Russian GDP still contracted last year by 0.2 %, but our latest Forecast for Russia sees GDP rising by 1.5 % this year...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
In Russian labour markets wages adjust downwards relatively easily
In Russian labour markets wages adjust downwards relatively easily The Centre for Strategic Research, an institute headed by former finance minister Alexei Kudrin, recently released a wide-reaching r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
New sanctions on Belarus foreign trade
Russia New sanctions on Belarus foreign trade Last week marked the first anniversary of the disputed Belarus presidential election. In the interim, the Belarus government has committed extensive hum...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Bulls run at Moscow Exchange
Russia Bulls run at Moscow Exchange The strong rise in oil prices (BOFIT Weekly 27/2021) and recovery of the Russian economy from the depths of last year’s Covid Recession (BOFIT Weekly 33/2021) hav...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Small steps forward in reform of Chinese state-owned enterprises
China,economy Small steps forward in reform of Chinese state-owned enterprises China's leaders in December included partial privatisation of state-owned enterprises (SOEs) on their 2017 reform a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Inflation in China remained subdued in March
China Inflation in China remained subdued in March March consumer prices rose by just 1.5 % y-o-y, well below the inflation rates seen for example in the euro area and the United States. Food p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
China’s economy sees strong start, weak finish, in the first quarter
China China’s economy sees strong start, weak finish, in the first quarter China launched a new round of stimulus measures this winter to boost economic growth. According to China’s National Bureau ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
CBR lowers key rate; no further interest rate cuts expected this year
CBR lowers key rate; no further interest rate cuts expected this year At its regular meeting on September 16, the Central Bank of Russia executive board dropped the key rate by 0.5 percentage points ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian federal budget revenues continue to deteriorate
Russia Russian federal budget revenues continue to deteriorate Nominal revenues to the federal budget in June were up by a meagre 1.5 % y-o-y. This translates to a very large drop in real terms...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022