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Michelle Caruso-Cabrera Profile picture
Michelle Caruso-Cabrera
@MCaruso_Cabrera
CNBC Contributor. First Latina anchor at CNBC & long-time Chief International Correspondent. Ballet Hispánico, Board President. I❤️NYC!
Mar 28 • 11 tweets • 2 min read
Just got off the phone with one of the American CEOs who went to the China Development Forum (CDF) this week and met with Xi Jinping on Wednesday in China. Speaking on condition of anonymity, he said "Business is still terrible," and confidence in the economy is very low. 1/9 After spending nearly a week there speaking with the leadership and members of the business community, this CEO said there was no indication the country is is backing away from centralizing the economy. 2/9