26May
Swiss are More Confident About Their Business in China than Chinese Managers
by swisscham in Business
The results of the latest survey by the Swiss Center Shanghai (SCS), China Integrated and the China Europe International Business School (CEIBS) shows consistently that Swiss companies are doing particularly well in penetrating the Chinese market. “Though profits have increased slower than in 2011, an estimate of profit growth based on the data shows that, on average, Swiss and European companies have increased their profit level by an interesting 9% in 2012”, reports Nicolas Musy, Managing Director of SCS. The comprehensive and most answered survey to date combines 1369 responses and is the only such survey that collects responses from Chinese as well as foreign companies in China.