SCO & BRICS latest news and insights
The growth of industrial production in the Russian Federation in March 2024 amounted to 4.0% year-on-year after an increase of 8.5% in February and 4.6% in January, the Federal State Statistics Service (Rosstat) reported.
In the first quarter of 2024, industrial production in the Russian Federation...
By Rhod Mackenzie
On 27th April the Russian President Vladimir Putin held a meeting on economic issues.
Here are the highlights
“The data from the beginning of the year turned out to be higher than the forecasts of the government, the Bank of Russia and some experts. In January-February, Russia’...
By Rhod Mackenzie
China's GDP grew by 5.3% in Q1 2024, exceeding market expectations. This strong start sets a solid foundation for the economy to achieve its pre-set goal of 5% growth for the year.
Chinese analysts have stated that China remains one of the fastest growing major economies in the...
Nicholas Lardy, from the Washington-based Peterson Institute for the World Economy, is one of the few experts who believe that China can return to its pre-pandemic levels of rapid economic development.
In a Foreign Affairs article, he notes that China faced much more challenging obstacles on the p...
The first quarter ended on a positive note for the Chinese economy. The National Bureau of Statistics (NBS) has once again published optimistic statistics: the Chinese manufacturing PMI index, calculated by Caixin Media and S&P Global, rose to 51.1 points in March, slightly exceeding economists' for...
There are more and more indications that the Chinese economy is stabilizing. The statistical data on the profits of industrial enterprises in China in January-February 2024 confirms that Beijing is moving in the right direction with its economic policy. Chinese industry has been experiencing a posit...
