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Pre-Davos survey shows sixfold rise in global CEOs' gloom

Rising protectionism and slide in US-China ties fuel pessimism of chief executives, says PwC

Pessimism among chief executives has risen sharply in the past 12 months as the leaders of the world’s biggest companies have taken fright at rising protectionism and the deteriorating relationship between the US and China.

The survey of chief executives conducted by the consultancy firm PwC to mark the start of the World Economic Forum in Davos showed a sixfold increase to 30% in the number of CEOs expecting global growth to slow during 2019.

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