Business confidence among China’s entrepreneurs and bankers dipped in the fourth quarter of 2015 from the third, according to surveys by the People’s Bank of China published on Thursday.
The entrepreneurs’ confidence index fell to 46 percent in the fourth quarter, 4.5 percentage points lower than the third quarter, a central bank survey showed.
The export orders index was at 43.7 percent in the fourth quarter, down 2.6 percentage points from the previous quarter, the survey showed.
A separate central bank survey showed that bankers’ confidence index slipped to 37.9 percent in the fourth quarter, down 2.7 percentage points from the third.
The survey showed 38.8 percent of bankers believed monetary policy would be relatively loose in the first quarter of 2016.
The same survey showed more bankers believed the economy had cooled in the fourth quarter compared with the third quarter.