New fall in economic outlook: bank poll
By Hu Yuanyuan and Yu Ran | China Daily | Updated: 2011-12-23 08:31
Study unveils growing concern over rising costs, slowing markets
BEIJING / SHANGHAI - Business confidence fell in the fourth quarter, the second consecutive drop, amid growing concern over a slowdown in the world's second-largest economy.
The business confidence index was down 6 percentage points more than the third quarter to 41.7 percent, the People's Bank of China, the central bank, said in a statement on Thursday.
Photo