68% of respondents anticipate that China’s economic prospects would be better than those of the United States.
89% of companies surveyed expect their companies to invest in China over the next twelve months.
46% stated that China would be a top priority for international expansion in the short term.
Respondents expect China as being the first country to emerge from the current economic cycle.
72% of firms expect to invest in China over the next twelve months.
60% of Chinese organizations surveyed have already started to hire staff or intend to finish hiring additional staff by the fourth quarter of 2009.
50% of respondents said that their company will decrease travel spending over the next year by more than 10%.
Meetings and events are reported as seeing the brunt of cutbacks with the survey stating more than 70% of companies have an opportunity to better control spending on meetings and events, a far larger percentage than those who felt they could cut back on air or hotel to control their costs.
Reuters PR covers the whole report in considerable detail.