Lower credit costs and easy access to funds offered Chinese business executives a dose of optimism this month.
The MNI China Business Indicator jumped 8.4 per cent to 55.6. The jump is the largest since March 2011, which sounds impressive until you notice the indicator fell 8.3 per cent in September.
MNI, a part of Deutsche Börse Group, surveyed 200 companies listed on the Shanghai and Shenzhen stock exchanges. It found that "relative quiet in both the policy environment and financial markets was taken as a positive in October."
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