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

NEV sector surging full steam ahead
FBM KLCI dips after five-day rally, poised to end on a weekly gain
Advance estimate puts Malaysia's 4Q GDP at 5.7%
Applications open for Jelawang Capital's next Emerging Fund Managers' programme
Oil flat as chances of US strike on Iran recedes
Asia shares near record high on AI optimism, dollar up on receding Fed cut bets
Singapore's December exports rise 6.1% y-o-y, weaker than expected
PNB offers US$300mil secured exchangeable sukuk to strengthen portfolio diversification
Bursa Malaysia buoyed by improved investor appetite
IMF's growth forecasts to show resilience to global trade shocks, Georgieva says

Others Also Read