16 (Xinhua) -- The global chairman of PricewaterhouseCoopers (PwC) said on Monday that he was bullish on the economic outlook of China, given its strong consumer base, technological advancement and top exporter's position.
Source: en.gmw.cn
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16 (Xinhua) -- The global chairman of PricewaterhouseCoopers (PwC) said on Monday that he was bullish on the economic outlook of China, given its strong consumer base, technological advancement and top exporter's position.
A PwC survey shows that 73% of chief executives predict global economic decline in 2023, the most pessimistic outlook in over a decade.
While recent data has raised hopes economies can still pull off a soft landing, last year's surge in inflation and the subsequent hiking of interest rates by central banks have many braced for economies to contract.
Some 73% of CEOs think global growth will decline in the next year, which is the most pessimistic outlook in 12 years, according to a new survey by PwC.
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