Davos 2016: ‘No certainty in the business environment’
- 8 years ago
Speaking on the sidelines of the Davos World Economic Forum, KPMG’s Global Head of Clients Isabelle Allen told FRANCE 24 that more confidence and certainty was needed amid the current market turmoil.
“What businesses need to thrive is certainty and the environment, whichever way you look at it, is not providing that element of certainty around them,’ Allen said.
Asked if she feared the consequences of the IMF-announced slowdown in Chinese economic growth, Allen added that “most of the CEOs we’ve engaged with they’ve already factored a slowdown in their plans.’
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“What businesses need to thrive is certainty and the environment, whichever way you look at it, is not providing that element of certainty around them,’ Allen said.
Asked if she feared the consequences of the IMF-announced slowdown in Chinese economic growth, Allen added that “most of the CEOs we’ve engaged with they’ve already factored a slowdown in their plans.’
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