image credit: Pexels

China continuing to outpace the U.S. economy, CFO survey reveals

December 2, 2020


For the second straight quarter, the world’s leading chief financial officers have a more positive outlook on the Chinese economy than they do for the economy of the United States.

In the Q4 CNBC Global CFO Council Survey, CFOs gave an average outlook of “Modestly Improving” for China’s GDP, upgrading the world’s second-largest economy from its third quarter rating of “Stable.”

The council’s outlook for the U.S. economy also improved, from “Modestly Declining” in Q3 to “Stable” in the current quarter, but still trails China.

Read More on CNBC