While about half of professional services respondents expected revenue increases in China in 2018, China is expected to only represent no more than 10% of expected global revenue for 61% of respondents. The percentage of companies who characterize financial performance as “very profitable” has steadily declined since 2016.
Additionally, over half of companies reported that 2018 EBIT margins for China operations are lower than global margins. Going forward, these companies are especially pessimistic in their outlook on US-China relations and cost competitiveness, though remain optimistic about domestic market growth, the globalization of Chinese companies, and increased outbound investment from China.
Across its 21 data-driven pages, the report focuses on six main areas, including:
- Executive Summary
- 2018 Performance Snapshot
- Business Climate Challenges and Investment Outlook
- Regulatory Environment
- Policy Perspectives
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