Trust is a ma­jor deficit for com­pa­nies: sur­vey

China Daily (Canada) - - NEWSCAPSULE -

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).

PRO­VIDED TO CHINA DAILY

Trees along a river dur­ing heavy smog in Shaox­ing, an east­ern city in Zhe­jiang prov­ince, on Feb 20.

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