Everyone in the world is concerned about how the Chinese economy is faring and understandably so. China’s linkages with the world mean that the health of the Chinese economy has a bearing on other economies as well. The CKGSB Business Conditions Index, based on a survey conducted each month, gauges business sentiment about the macro-economic environment among successful Chinese business executives. BCI registered 54.5 in August, slightly less than July’s 56.3. Corporate sales and inventory levels rose slightly.
How do Chinese companies view the next few months? The CKGSB Business Conditions Index registered 59.3 in April, falling slightly on March’s overall index of 59.7. This shows that for the survey’s sample firms, of which the majority are relatively successful in China, the next few months are being viewed with some optimism. The CKGSB Business Conditions Index comprises four sub-indices for corporate sales, corporate profits, corporate financing and inventory levels. Corporate sales fell slightly from 74.5 to 73.1, while the profit index rose from 58.9 in March to 61.5 in April. With the sales forecast falling and the profit rising, this shows that cost expectations are improving.
Everyone in the world is concerned about how the Chinese economy is faring and understandably so. China’s linkages with the world mean that the health of the Chinese economy has a bearing on other economies as well. The CKGSB Business Conditions Index, based on a survey conducted each month, gauges business sentiment about the macro-economic environment among successful Chinese business executives. In January, the Index showed that for most relatively successful firms in China, optimism about business conditions over the next six months is waning, and executives are at best cautiously optimistic.
According to the CKGSB Business Conditions Index (BCI), businesses in China remain confident, but it remains unclear if they will continue to. In October 2015, the BCI posted a figure of 54.0, a mild rise over September’s 51.1 and slightly above the confidence threshold of 50. The BCI hit a 14-month high of 61.3 in May 2015 before sliding steadily, with readings from July to September hovering above 50, indicating that the sample firms became less optimistic about business conditions with regard to the following six months. Despite a moderate rally, it is unclear whether the momentum will hold and so companies need to remain cautiously optimistic.
The CKGSB Business Conditions Index shows that companies are expecting the Chinese economy to encounter some difficulties in the coming six months.
The CKGSB Business Conditions Index shows that after a challenging year, Chinese entrepreneurs have regained some of their confidence, but only just.
For the first time since November 2012, CKGSB’s Business Conditions Index has dropped below 50 showing that China’s entrepreneurs are settling into their negative outlook. Business sentiments in July continue to weaken, breaching the threshold between confidence and a lack thereof. Each month CKGSB’s Case Center and Center for Sustainable and Inclusive Growth conducts a […]
The latest CKGSB Business Conditions Index shows that entrepreneurs in China are feeling the slowdown. Business sentiments in April have waned in light of economic data that fell short of expectations. Each month CKGSB’s Case Center and Center for Economic Research conducts a survey of leading entrepreneurs in China to gauge and track changes in […]
The state of the Chinese economy: the latest CKGSB Business Conditions Index shows that business are gearing up for growth Business sentiments seen to be warming thanks to better-than-expected economic data released in October and November, and optimism surrounding the Third Plenary Session of the 18th Communist Party of China Central Committee. Each month CKGSB’s Case […]
The latest CKGSB Business Condtions Index indicates that Chinese entrepreneurs have a modestly positive outlook With all the talk of growth slowing down, how are China’s entrepreneurs faring? Are they actively making new investment decisions, or are they being cautiously optimistic, or even downright pessimistic? Each month CKGSB’s Case Center and Center for Economic Research […]