2011-09-23

By staff reporter

Finance and insurance industry executives believe that China offers the best growth opportunities in the world over the next two to three years, according to global research from Allen & Overy. The report examines global business confidence, the shifting balance of economic power, plans for future growth and barriers to market entry.

According to the report, a massive 94% of finance and insurance company executives are confident about business prospects in the next 24 months and 83% of finance and insurance company executives believe Asia Pacific’s economic influence is rising.

China (39%), India (31%) and United States (29%) are identified as the best markets for growth opportunities by finance and insurance company executives. The UK (23%) was cited as the best market for growth within Europe

However, there are hurdles to overcome - as China (alongside Russia and the US) was also identified in the top three most difficult market to enter with the regulatory environment being cited as the most common reason why

Download the full report here: www.aoinvestperspectives.com

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