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Economy

Chinese bankers' macroeconomic confidence cools in Q4: survey

January 04, 2022


Abstract : Chinese bankers' confidence in the macroeconomic climate weakened in the fourth quarter of 2021 (Q4), data from a recent central bank survey showed.

BEIJING, Jan. 2 (Xinhua) -- Chinese bankers' confidence in the macroeconomic climate weakened in the fourth quarter of 2021 (Q4), data from a recent central bank survey showed.

The bankers' macroeconomic heat index for the period stood at 35.3 percent, down 3.4 percentage points quarter on quarter, according to the questionnaire survey conducted nationwide by the People's Bank of China.

Among the surveyed bankers, some 65.8 percent deemed the current macroeconomic climate "normal," a decline of 6 percentage points from the third quarter.

For the first quarter of 2022, the index is projected at 41.3 percent, 6 percentage points higher than that of the fourth quarter of 2021. Enditem

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Keyword: PBOC confidence Chinese bankers

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