83 Percent of Population Happy With ‘National Economic Situation’ – in China

July 13, 2012
China Economy

Furniture traders nap while waiting for customers during a consumer products exhibition in Beijing Friday, July 13, 2012. China's economic growth slowed to a new three-year low in the latest quarter as exports and consumer spending weakened. (AP Photo/Alexander F. Yuan)

(CNSNews.com) – In a Global Attitudes Project survey of people’s perception of their nation’s economy, 83 percent of the population in China have a positive perception, according to the Pew Research Center.

The survey, released on Thursday, is entitled “Pervasive Gloom About the World Economy,” and shows a wide range of opinions on personal and national economies in the 21 countries surveyed.

China has the highest approval percentage, with 83 percent seeing the national economy as good and 69 percent seeing their personal economic standing as good. Both ratings were up one percent and three percent, respectively, from the same survey taken in 2008.

The lowest percentage for a positive view of the national economy was in Greece with only two percent holding that view. In Greece, which was not polled in 2008, only 16 percent had a positive view of their personal economic situation.

The United States ranked 8th in the number of people saying the national economy is good with 31 percent – behind Turkey (57 percent), Mexico (35 percent) and Russia (32 percent).

“The economic mood is exceedingly glum all around the world. A median of just 27 percent think their national economy is doing well, according to a survey in 21 countries by the Pew Research Center’s Global Attitudes Project,” the introduction to the survey states.

“The public mood about the economy has worsened since 2008 in eight of 15 countries for which there is comparable data, while it is essentially unchanged in four others,” the introduction states. “The Chinese are the lone exception. They have been positive about their economy for the past decade.”

The survey shows that less than a third of Americans (31 percent) say the U.S. economy is doing well – up 13 percentage points from 2011 but down 19 points from 2007.

Results for the survey are based on telephone and face-to-face interviews conducted under the direction of Princeton Survey Research Associates International. Survey results are based on national samples except in China. The margin of error varies according to country, with detailed samples included in the survey report.

E-Brief