Published on 10.01.2012
Hong Kong Ends the Year with Sub Par Business Confidence Heading to 2012
While the United States is on track to end the year, the global economic outlook is plagued by the uncertainties in the Eurozone. Hong Kong businesses are more conservative and fears are increasing that business growth will become more difficult in 2012.
The most recent figures from Grant Thornton International Business Report show that the polarisation of business confidence between Europe and the rest of the world is becoming increasingly apparent.
The latest research shows that global business optimism in Q4 of 2011 stands at net 0%, indicating a balance between those business leaders feeling optimistic about their economies in 2012 and those feeling pessimistic. It represents a further deterioration from 3% in Q3 2011 and 31% in Q2 of 2011.
Full article at HKTDC.com