Chinese investors ‘among most optimistic in world’, survey suggests, even as economy slows
Poll indicates investors in mainland China rank only behind their Indian counterparts for their rosy view of the financial future
Investors in mainland China are among the most optimistic in the world, according to a survey carried out by a financial asset management company, even as the country’s economy records its slowest growth in six years.
Ninety-four per cent of Chinese polled in the survey said they were confident of meeting their investment goals this year and 71 per cent expressed confidence that the prospects for the country’s main A-share market were rosy.
China ranked only behind India for optimism among investors in the survey carried out in 23 countries by the US investment company Franklin Templeton.
Five hundred people took part in the poll in China which was conducted between February 12 and March 2. Only six per cent of those people questioned had a negative outlook.
“The findings reflect the prevalent optimism following a stock market rally as well as confidence in China’s economic restructuring,” said Wang Yiwen, chief representative of Franklin Templeton Investments Beijing office.
China’s economy grew by 7 per cent in the first quarter of this year, the slowest growth rate since 2009.