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
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
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
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
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
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 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
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
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
Russian government issues lean proposals for 2016 federal and state social fund budgets
Russian government issues lean proposals for 2016 federal and state social fund budgets In submitting its draft budgets to the Duma, the finance ministry included an estimate for total government-sec...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
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
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
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