Current location:opinions >>
More Southeast Asians trust Chinese firms
opinions61675People have gathered around
IntroductionChinese enterprises have been gaining more trust from people in Southeast Asian countries over the p ...
Chinese enterprises have been gaining more trust from people in Southeast Asian countries over the past decade thanks to the popularity of many high-quality Chinese products in the region, such as smartphones and new energy vehicles, according to an international survey and industry observers.
Fifty-eight percent of respondents from Southeast Asian countries said they trust companies headquartered in China, an increase of 14 percentage points compared to 2014, according to the 2024 Edelman Trust Barometer, the annual trust and credibility survey, which was released on Wednesday.
More than 32,000 respondents from 28 countries around the world participated in the survey in November, the report said.
Warren Fernandez, Edelman's Asia-Pacific CEO, said the rise in trust in Chinese firms was "very striking", and was based on the high-quality products and services rolled out by Chinese companies and brands in Southeast Asia.
In Indonesia, the China-built high-speed railway between Jakarta and Bandung is now running, he said, adding that Chinese companies are also launching electric vehicles in Singapore, Malaysia and Thailand.
"These are a demonstration of the brands at work and I think that builds trust in Chinese companies' reputation," Fernandez said. "The more you do it, the more you establish that trust, the more the brands will push."
Ren Zhong, CEO of Edelman China, said Chinese enterprises are trusted more in Southeast Asia primarily due to the large number of high-quality Chinese products — such as smartphones and new energy vehicles — and companies that can assist local firms.
The innovation brought by Chinese companies has been deeply integrated into Southeast Asian markets, bringing more profits to local businesses, Ren said.
The survey found that 53 percent of respondents in Southeast Asia trusted companies from the United States, down 19 percentage points in a decade.
It also identified a trend over the past decade of declining trust in companies from China, the US and Germany in East Asia, Europe and the Americas.
Ren said that was because the world appeared to be entering an era of exclusivism.
"More and more people seem to find it increasingly difficult to trust overseas brands, or companies with different values or forms," Ren said.
The survey also released a comprehensive trust index of respondents from the 28 countries toward their own nations.
In the four categories covered — government, business, nongovernmental organizations and media — the overall trust index of Chinese respondents decreased from 83 to 79, but still ranked first among the 28 countries, followed by India.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Worldly Wisdom news portal”。http://sierraleone.downmusic.org/content-78e899850.html
Related articles
Adela Cernousek of Texas A&M wins NCAA individual golf title for first collegiate win
opinionsCARLSBAD, Calif. (AP) — Adela Cernousek of Texas A&M got her first collegiate win on the biggest ...
【opinions】
Read moreUS and Philippine forces launch combat drills in the disputed South China Sea
opinionsMANILA, Philippines (AP) — American and Filipino forces launched their largest combat exercises in y ...
【opinions】
Read moreChina's central bank adds liquidity via reverse repos
opinionsBEIJING, April 19 (Xinhua) -- China's central bank conducted 2 billion yuan (about 281.5 million U.S ...
【opinions】
Read more
Popular articles
- What to stream: Lenny Kravitz, South Park, 'Dune: Part 2'
- Musgrove goes 7 innings and Bogaerts homers as the Padres beat the Blue Jays 6
- Local election workers fear threats to their safety as November nears
- Beijing base to bring in 50 giant pandas in 2025
- Rafael Devers sets team record by homering in 6th straight game as Red Sox top Rays 5
- Kenyan president confirms military chief's death in plane crash
Latest articles
Russian general who criticized equipment shortages in Ukraine is arrested on bribery charges
Bucks open their playoff run without Giannis Antetokounmpo
The rainbow princess: Kate Middleton's stylish
Lod helps Minnesota United beat Charlotte 3
Garcia, Winker go deep as Nats end slide, beat struggling Twins 12
Revealed: Soaring number of Scots paying £100 to see a GP
LINKS
- Britain's 'kindest' plumber damaged my home
- How just one horrible moment in your past could cause ALZHEIMER'S, according to new study
- Texas pardons US Army sergeant Daniel Perry who was convicted of murder for shooting AK
- Einstein is right again! Scientists prove that plunging regions exist around black holes
- Britain's 'kindest' plumber damaged my home
- Labour faces 'sh**show' in Islington North as veteran left
- Kim's sister denies North Korea has supplied weapons to Russia
- Man kills 2 officers at police station in Malaysia in a suspected Jemaah Islamiyah attack
- It's not a rock, it's the Athens Rock Lobsters. New minor league team honors B
- Putin focuses on trade and cultural exchanges in Harbin, China, after reaffirming ties with Xi