BUSINESS Business confidence among China entrepreneurs rises in fourth quarter vs third quarter: survey

BUSINESS

Business confidence among China entrepreneurs rises in fourth quarter vs third quarter: survey

Reuters

07:06, December 20, 2017

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A man walks on a bridge in front of the financial district in Pudong, Shanghai, China, December 8, 2017. Photo: Reuters

Business confidence among entrepreneurs in China improved in the fourth quarter from the third, a central bank survey showed on Tuesday.

A separate survey of bankers showed their business confidence also rose in the fourth quarter, the People’s Bank of China said, while 19.1 percent of bankers believed monetary policy was “relatively tight” in the fourth quarter, down from 22.1 percent in the third quarter.

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