Davos Summit CEOs see China remaining global growth engineJanuary 27th, 2011 - 2:22 pm ICT by ANI
Davos (Switzerland), Jan.27 (ANI): World business leaders continue to see China as the engine of global economic growth despite the tremendous challenges it faces in shifting from an investment and export-led development pattern to a consumer-led one in the coming years.
Of the 1,201 global business executives surveyed in Price Waterhouse Cooper’s 14th Annual Global CEO Survey, 39 percent said China would remain the leading growth engine, while 21 percent cited the United States, 19 percent named Brazil and 18 percent pointed to India.
Global CEOs also saw China, the US and India as the most important future sources of products and raw materials.
The findings of the poll were released on the eve of the annual meeting of the World Economic Forum (WEF) in the Swiss ski resort of Davos, the China daily and the Xinhua news agency reports.
The four-day event in the Swiss Alps brings together at least 35 national leaders, including the presidents of Russia and France, and over 1,400 business chiefs. (ANI)
- India ranked fourth important country for future economic growth: Poll - Jan 26, 2011
- World leaders speak on more collaboration to address challenges - Jan 27, 2011
- Blast in Davos hotel ahead of WEF meet - Jan 27, 2011
- India targets $1 trillion infrastructure investment: Ahluwalia - Jan 28, 2011
- A.R.Rahman Receives WEF Crystal Award - Jan 27, 2011
- World Economic Forum ranks Switzerland most competitive economy - Sep 08, 2009
- Indra Nooyi seeks women's quota at Davos - Jan 29, 2010
- WEF: Minor explosion at Davos hotel, no one hurt - Jan 27, 2011
- World Economic Forum to open in Davos Wednesday - Jan 25, 2012
- `Davos meet an opportunity to project Pakistan's economy' - Jan 24, 2012
- Audi partners World Economic Forum's India summit - Nov 05, 2009
- Business as usual? Sibal, Yeddyurappa heading to China - Sep 11, 2010
- Mahindra Satyam to participate in World Economic Forum - Jan 17, 2012
- A stronger Yuan will help India bridge trade deficit with China - Aug 08, 2010
- Employees likely to get 12 percent salary hike in 2012 - Feb 21, 2012
Tags: , , , , , , , , , , , , , , , , , , ,