Grant Thornton: China mainland businesses optimism shows uptick in Q1

According to the latest Grant Thornton International Business Report 2014 (IBR), China business optimism on economic prospects in the next 12 months shows significant uptick in Q1, rising by 16 percentage points from last quarter, to 38% ., suggesting businesses’ growing confidence on China macro economy this year. However, businesses are conservative about their own development. A number of indicators including expectations on revenue increase and profitability all suffer a drop.

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