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CCTV Script 29/06/21

CCTV Script 29/06/21 CNBC 16 hrs ago This is the script of CNBC s news report for China s CCTV on June 29, 2021, Tuesday. Popular Searches CNBC surveyed 41 members of the CNBC Global CFO Council between June 1st and June 16 th. They represent some of the world s largest companies from a variety of industries, and collectively their market cap exceeds $5 trillion. The survey shows that inflation is the second biggest risk just behind Covid-19. And 20%, or one-fifth, of the respondents, cite inflation as their biggest concern. Over the next 6 months, 57% of the U.S. CFOs expect the cost of labor to increase the most, while 38% cite the cost of raw materials. Relatively speaking, CFOs of American companies worry about labor costs far more than their counterparts in Europe and Asia. In the EMA region, 72% of CFOs expect raw materials to increase the most. In Asia, 44% of CFOs share that view. To respond to the rising costs, 22% of CFOs say they may need to hike prices while 34

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