Starbucks, office rents and CEOs form alternative outlook on China
Updated: 2016-02-02 14:31
In a separate survey by PwC, 93 percent of CEOs said that they are confident that their China revenues will increase in the next three to five years.
China's economic scale will double to $20 trillion by 2030, making the country the biggest economy in the world, PwC estimated.
"That means China still has 10 trillion dollars of economic scale that requires different types of companies to create," said Wu Weijun, a partner of PwC in Beijing, "If any multinational doesn't include China into its development plan, that's not a multinational at all."