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Email this article: Global survey of CFOs reveals weak US optimism relative to Asia
china wholesale market
Posted: Mon October 11, 2010 2:45 pm
UAE. Asian CFO's plan to unleash cash reserves while US and Europe seek liquidity buffer. US based CFOs have the least optimism about economic conditions with a rating of 49 on a zero-to-100 scale.
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UAE. Consumption of luxury goods up 11% in the GCC, according to Bain & Company; China luxury market shows a shift in consumer preferences and ties to the GCC; In the UAE, Chinese represent about 2.5% of overall tourists, but account for 7% of the mall footfall and even bigger part of the spend.