Foreign CEOs confidence in China falls


The survey underscores the lingering worries about China’s economy this year. — Bloomberg

BEIJING: A key measure of chief executive officer (CEO) confidence in China has signalled pessimism for the first time since the pandemic even after the nation unleashed a raft of stimulus measures.

Sentiment among the country heads of mostly American and European companies dropped to 49, down from 56 in the previous six months, according to a survey by the Conference Board, a think tank headquartered in the United States.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read