China seeks to create new engines of growth through innovation
#china China seeks to create new engines of growth through innovation China’s leaders have long stressed the importance of moving closer to the technological frontier. The earlier process of catchin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
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
European Chamber reports tougher Chinese business environment
China European Chamber reports tougher Chinese business environment The European Union Chamber of Commerce in China (European Chamber) released its latest position paper at the end of September. The...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
BOFIT expects relatively low growth for China over the next two years
China* BOFIT expects relatively low growth for China over the next two years China is experiencing its third year of pandemic disruption and zero-covid policies. This situation has increased uncerta...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
China celebrates 40 years of economic reform
China China celebrates 40 years of economic reform The milestone was celebrated on Tuesday (18.8.) in the high level meeting in Beijing. The meeting, however, offered nothing new concerning the futu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Mainland China’s stock markets have been on a rise for the past two months
China Mainland China’s stock markets have been on a rise for the past two months Dragged down by uncertainty, share prices of companies listed on Chinese stock exchanges took a beating in the first ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Growth of China’s CIPS payment system remained brisk last year
China Growth of China’s CIPS payment system remained brisk last year The People’s Bank of China reports that its yuan-based Cross-border International Payment System (CIPS) handled nearly 15,000 pay...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Poverty and income disparity remain big challenges for China
China Poverty and income disparity remain big challenges for China China has spent recent years “battling” poverty, specifically elimination of “absolute poverty” by the end of 2020. The government’...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Latest forecast revisions see China as sole driver of global growth this year
China Latest forecast revisions see China as sole driver of global growth this year The revised autumn forecasts of the OECD, World Bank, Asian Development Bank (ADB) and IMF all agree that Chinese ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Chinese demand unlikely to revive global oil market over the short term
China Chinese demand unlikely to revive global oil market over the short term The volume of crude oil imports to China over the first three months of this year increased by 5 % y-o-y (value up ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Latest forecasts show China putting the covid-19 crisis behind it, even as other emerging economies struggle
China Latest forecasts show China putting the covid-19 crisis behind it, even as other emerging economies struggle According to both the IMF’s just-released World Economic Outlook update and the Wor...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
WTO warns of rising protectionism ahead of G20 summit
China WTO warns of rising protectionism ahead of G20 summit On Monday (Jun. 24), the World Trade Organization released its 21st Monitoring Report on G20 trade measures. New measures to restrict impo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Growth of China’s economy appears to be stabilising
Growth of China’s economy appears to be stabilising China National Bureau of Statistics reports that the country’s GDP grew by 4.9 % y-o-y in the third quarter, down from an average of 5.5 ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
China and US governments attempt to increase communication to heal frayed economic relations
China and US governments attempt to increase communication to heal frayed economic relations The leadership in both China and the United States have recently stepped up their frequency of meetings an...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Uncertainty over foreign aid clouds Ukraine’s otherwise better-than-expected economic performance
#ukraine Uncertainty over foreign aid clouds Ukraine’s otherwise better-than-expected economic performance Ukraine’s macroeconomic situation relatively stable Preliminary figures from the State Stat...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Chinese inflation remains remarkably low
Chinese inflation remains remarkably low China’s National Bureau of Statistics (NBS) reports that the 12-month rise in consumer prices slowed to just 1 % in February. Consumer prices were up by ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
The United States and emerging economies have become the engines of global growth
The United States and emerging economies have become the engines of global growth Global economic growth in the second half of 2023 slightly exceeded forecasts thanks to robust growth in the US and c...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Meeting of presidents Joe Biden and Xi Jinping yields no notable improvements in US-China economic relations
Meeting of presidents Joe Biden and Xi Jinping yields no notable improvements in US-China economic relations On Wednesday (Nov. 15), US president Joe Biden and Chinese president Xi Jinping met in San...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
United States and China reach initial agreement on reviewing financials of US-listed Chinese firms, but bilateral tensions persist
China United States and China reach initial agreement on reviewing financials of US-listed Chinese firms, but bilateral tensions persist On August 26, the United States and China announced that they...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Latest BOFIT forecast sees modest Chinese economic growth this year
China Latest BOFIT forecast sees modest Chinese economic growth this year In our Forecast for China 2022–2024, released last week, we anticipate China’s GDP growth to reach just 2 % this year. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022