ArticleNovember 24, 2015
According to the CKGSB Business Conditions Index (BCI), businesses in China remain confident, but it remains unclear if they will continue to. In October 2015, the BCI posted a figure of 54.0, a mild rise over September’s 51.1 and slightly above the confidence threshold of 50. The BCI hit a 14-month high of 61.3 in May 2015 before sliding steadily, with readings from July to September hovering above 50, indicating that the sample firms became less optimistic about business conditions with regard to the following six months. Despite a moderate rally, it is unclear whether the momentum will hold and so companies need to remain cautiously optimistic.