Search

The article offers information related to Russia. It says that Russia and China enter into a joint venture to take a $200 million sovereign investment funds in the Russian Forest Products (RFP) Group by constructing pulp mill in the Far East. It adds that the Organisation for Economic Co-operation & Development (OECD) has released the results of its survey on September 11, 2012 which shows that 88% of Russian adults attained an upper secondary education and 54% completed tertiary education.

At the end of September, the EU Chamber of Commerce in China released its annual position paper. According to the European Chamber, the new laws on data infrastructure and data security will likely force European firms to shift their operations out of China. [Extracted from the article]

China's most important EU import categories weremachinery & equipment (30 % of the value of EU imports),chemicals (19 %) and transport vehicles (16 %). The European Union Chamber of Commerce in China (EuropeanChamber) in late September released a position papercalling for improved political and commercial dialoguebetween China and Europe. [Extracted from the article]

Students also arranged on-campus protests, including at theprestigious Tsinghua University in Beijing. China sees frequent protests each year related to collectivelabour action, but protests are typically small and concern localissues.202248 c1.PNG Sources: China Labour Bulletin and BOFIT. BOFIT Viikkokatsaus / BOFIT Weekly 2022/48 Last weekend saw a wave of protests around China triggered by anapartment building fire in the city of Ürümqi, capitalof the western province of Xinjiang. [Extracted from the article]

The article offers updates on China. Growth over the forecast period confirms to the earlier long-term outlook that sees economic growth moderating to around 7% p.a. in 2014 and 2015 and annual growth in export volumes is expected to reach 5-6% during the forecast period. The European Chamber of Commerce in China in its Position Paper 2013-2014 argues that current economic conditions call for extensive reforms for the government to sustain high economic growth in the future.

China's onshore bond market has experienced significant growth, reaching 133 trillion yuan (18.3 trillion dollars) as of mid-2023, equivalent to 107% of China's GDP. The market grew by 8% year-on-year, although at a slower rate than in previous years. The public sector, including the central government, local governments, and policy banks, is the largest issuer of bonds in China, while corporate bonds make up the remaining third. Foreign investor interest in China's bond market remains weak due to capital account restrictions, with foreign investors holding only around 2% of bonds. However, the inclusion of Chinese sovereign bonds in major international bond indices is expected to increase foreign investor participation in the future. Despite concerns such as a potential credit-rating downgrade and the real estate sector crisis, Chinese investors continue to show demand for domestic bonds as a strategy to reduce risk exposure. [Extracted from the article]

China is Finland's fifth most important goods export market after Germany, Sweden, the US and the Netherlands. The value of goods imported to Finland from China grew rapidly in recent years, but this year the trend has come to a halt. [Extracted from the article]

The article focuses on economic an environmental conditions of China including decrease in foreign trade surplus in 2016; an increase in imports of paper pulp, iron ore and copper; and an increase in the pollution level in 2016 due to poor air quality.

The article focuses on the increasing housing prices, lack of profitability growth in banks, and the data leak on the illegal tax scandal of Panama Papers in China.

China's share of Finland's exports remained at just over 5 %, but its share of imports increased by a couple of percentage points to 9 %. The value of goods exports from Finland to China last year was just 3 billion euros, a 13 % decrease from 2019. [Extracted from the article]

At the start of June, Finland's Ministry of Foreign Affairs released the Finnish government's second action plan for China. Finland's relations with China mostly involve commercial or economic matters, but Finland and China have been working together in other spheres such as rule of law and environmental and climate issues. [Extracted from the article]

During the first quarter of this year, Finland imported goods from China worth over 1.3 billion euro. The value of Finnish goods exports to China increased faster in the first quarter than goods exports in total (3.7 %). [Extracted from the article]

This section offers news briefs in China as of August 2014. The International Monetary Fund (IMF) published in early August 2014 its annual Article IV report on China, encouraging the country to focus on debt issues and structural reforms. The Chinese government announced via a press release details of the reforms to the household registration system known as hukou, which was approved by the Communist Central Committee in November 2013.

The article presents the Bank of Finland's (BOFIT) evaluation of the Chinese economy as of January 24, 2014. Topics include China's fourth-quarter gross domestic product (GDP) in 2013 posting a 7.7% growth, surpassing the 7.5% bottom limit of the government's GDP growth target, and income growth in the country slowing in 2013 while income disparity remaining just about as severe as earlier. A chart showing GDP growth and contributions of key demand components from 2005 to 2013 is shown.

The article offers an update on China as of July 2013. The country saw a decline in imports and exports of machinery and equipment in June. Inflation is said to remain below the target range of the government for this year despite a 2.7% increase in consumer prices in June. The number of college graduates has been increasing by about 17% annually, which is said to be due to the government's efforts to improve access to education.

The article discusses the forecasts of the Bank of Finland on China. It states that a slowing of short-term corporate borrowing and an acceleration on long-term borrowing has been noted in China which indicates a trend towards financial system stability, sustained economic growth and an inclination for new corporate investment. It also states the findings on a survey that majority of U.S. companies see a rise in demand for products and services in spite of challenging business environment.

The article presents updates on economics and politics in China as of October 5, 2012. The Communist Party's National Congress will be convened on November 8, 2012 and run for seven days. The exchange rate of yuan against the U.S dollar was said to be stable up to May before weakening by over 1 percent to around 6.39 yuan to the dollar in response to the debt crisis in Europe. China was ranked 29th out of the 144 countries surveyed by the World Economic Forum Global Competitiveness Report.