Global survey: China continues to win high public confidence

The annual Trust Barometer is done by Edelman, an American PR and marketing consultancy firm. The survey reaches more than 34,000 respondents in 28 markets including developed ones like the UK, the U.S., Germany, Japan, and developing ones like China, India and Indonesia.

In the Trust Barometer 2020, the field work of which was conducted between Oct. 19 and Nov. 18, 2019, more than half of the respondents believe that capitalism, as it is now, causes more harm than good, and that democracy is losing its effectiveness.

"We find ourselves far from Francis Fukuyama's 1992 book, 'The End of History,' which touted the triumph of liberal democracy," said Richard Edelman, CEO of the company.