For the first time in five years, corporate heads like the U.S. more than China.
CEOs responding to an annual survey from PwC said a growing American economy is providing reason to keep money there rather than ship it to more robust economies around the globe.
Results indicate that the U.S. is the first choice for 38 percent of the corporate chieftains, compared to 34 percent for China. That's a turnaround and then some from results back to 2011, when the survey showed 39 percent of investors preferring China to a meager 21 percent for the U.S.
"As the U.S. recovery gains traction, it is gaining more adherents. Challenges remain, yet key measures of U.S. economic health are improving," a narrative accompanying the study said. "Business hopes are building that the American consumer market will start firing on more than one piston in 2015."