China-based executives bullish on global outlook, says survey

Business executives in China are more optimistic about global economic growth than their global counterparts, according to the latest survey by PricewaterhouseCoopers.

Around 69 percent of China-based CEOs believed global economic growth will improve in 2018, outstripping 57 percent among business leaders overseeing a global operation, the consultancy said on Thursday.

The results marked a substantial jump from last year's 31 percent, according to the study, which polled 195 executives who are either at the helm in multinational corporations' China branches, China's State-owned companies or local private firms.