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

LSH Capital wins Kuantan road contract
Potential for nuclear to fill coal power gap
Despite hike, jet fuel prices still competitive
AI,�eCommerce�tailwinds to buoy logistics sector
Perak Transit names Jeffrey Cheong deputy
EPB eyes transfer from ACE to Main Market
Bus Cap secures Bursa Malaysia nod for ACE Market listing
MM Computer moves forward with IPO
Malaysia prepares�carbon pricing rollout
AEON Credit sets modest FY27 targets amid geopolitical risks

Others Also Read