China continuing to outpace the U.S. economy, CFO survey reveals

China continuing to outpace the U.S. economy, CFO survey reveals

For the second straight quarter, the world's leading chief financial officers have a more positive outlook on the Chinese economy than they do for the economy of the United States.In the Q4 CNBC Global CFO Council Survey, CFOs gave an average outlook of "Modestly Improving" for China's GDP, upgrading the world's second-largest economy from its third quarter rating of "Stable."The council's outlook for the U.S. economy also improved, from "Modestly Declining" in Q3 to "Stable" in the current quarter, but still trails China.Around the world, GDP outlook was generally improved from the second and third quarter surveys. This quarter, along with the U.S., the council upgraded Canada and the U.K. from "Modestly Declining" to "Stable." Japan, the rest of Asia, and the Eurozone maintained their "stable" rating from the previous quarter. Africa/Middle East, Latin America and Russia are still seen as "modestly declining."The CNBC Global CFO Council represents some of the largest public and private companies in the world, collectively managing more than $5 trillion in market value across