Chinese business confidence hit by COVID, lowest in almost 10 years

Reuters reporting on the results of a survey by World Economics:

• China’s business confidence hit its lowest since at least January 2013
• index fell to 48.1 in December (index was the lowest since the survey began.) from 51.8 in November
• survey of sales managers at over 2,300 companies conducted December 1-16.

Reuters link here for more.