Deloitte survey shows continued economic pessimism among CFOs in China amid increasing levels of market uncertainty
HONG KONG, CHINA–(Marketwired – Dec 8, 2016) – CFOs in China generally remain pessimistic over the economic prospect with concerns fueled by a potential turmoil due to continued economic slowdown and a rising financial leverage. Only 8 percent of CFOs expressed optimism towards the economy, while 54 percent believed there was no change in economic sentiment during the past few months. Compared with Q1 2016, however, CFO sentiment has somewhat turned positive, where 38 percent of CFOs were “less optimistic” when asked about their views about the economy, versus 50 percent previously, according to the latest CFO Survey by Deloitte China.
