Asia-Pacific chief executives continue to face pressure generated by the ongoing Covid-19 pandemic and market conditions such as rising inflation, supply chain disruptions and the "Great Resignation".
But despite all the shifting headwinds, the regional chief executives surveyed by PwC are the most optimistic they have been in 10 years about the prospects for a stronger economy in the coming year.
Some 76% predict the global economy will improve, while only 17% expect worsening conditions. This year's optimism level is three points higher than last year's, and a full 41 points higher than in 2020, the year the pandemic began.