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Chinese entrepreneurs report better business climate in fourth quarter, according to Central Bank

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Chinese entrepreneurs reported a better business climate and higher profitability during the fourth quarter of 2021, according to a survey by the country’s central bank. The Chinese Business Climate Index, an indicator of the perception that entrepreneurs have towards the general operating conditions of your companies, stood at 56.8 percent in the fourth quarter, according to the report from the People’s Bank of China survey. The reading increased 0.2 percentage points from the previous quarter and 1 percentage point compared to the same period last year, the report notes. At the same time, entrepreneurs in China reported higher profitability in…

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