Trust is a major deficit for companies: survey
Chinese companies with their headquarters in China are consistently less trusted than companies headquartered in the developed nations, according to an international survey.
Of the 33,000 respondents polled online in 27 countries, only 36 percent regarded companies headquartered in China as “trustworthy”, according to Edelman, a leading public relations firm.
Analysts said the low trust toward Chinese companies means it will be harder for them to conduct deals, and any that are carried out will cost more.
Other countries that garnered the lowest trust level were Russia (38 percent), India (35 percent) and Mexico (34 percent).
Trees along a river during heavy smog in Shaoxing, an eastern city in Zhejiang province, on Feb 20.