China Outpaces Europe, U.S. on Economic
Optimism, Survey Finds
Marist Poll/ Marriott Hotels & Resorts Release Global Business Survey
May 18, 2010 07:03 AM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--Chinese businesspeople are more than twice as optimistic about
their national economy and their jobs as Americans and Europeans, according to a global business poll conducted by
the Marist Institute for Public Opinion.
A first-of-its-kind poll of business travelers from four major economies commissioned by Marriott Hotels & Resorts
indicates that 2010 may be shaping up as a year of transition from economic pessimism to greater confidence.
“Global Business Trends in the Third Millennium” examined trends in the economy, business travel, career and
personal goals, generational and cultural differences.
It found, for example, that the Millennial Generation, despite its high rate of unemployment, is more optimistic about
the future of the economy than Generation X and the Baby Boomers.
About one-third of those polled in the U.S. and Europe are worried they will lose their jobs in the next year while
only about 10 percent of those in China shared this concern.
When the economy improves, 40% of those polled in the U.S. and Germany and 50% of those in the United
Kingdom said they will look for new jobs.
More than 60% of 1,207 respondents in China, U.S., U.K., and Germany agree that business travel is essential;
75% of Chinese plan to travel more. At the same time, business travelers predict more travel next year: U.S. (22%),
U.K. (20%), Germany (20%), and China (63%).
Approximately one-third of business travelers polled in the U.S. (35%), UK (33%), and Germany (33%) think their
economies will improve. Another third – U.S. (36%), U.K. (37%), and Germany (35%) – believe things have
leveled off economically and will “stay the same.” About three in 10 – U.S. (29%), U.K. (30%), and Germany
(33%) – forecast their national economy will get worse. China is the exception, with 81%