Bravo Singapore!
"Hong Kong is no longer number one, according to the Economic Freedom of the World: 2023 Annual Report, released today by the Fraser Institute and co‐published in the United States by the Cato Institute. As Hong Kong’s ratings declined, Singapore increased its score and edged the Chinese territory out for the top spot.
The report finds that the Chinese government imposed “new and significant barriers to entry” in Hong Kong and otherwise increased the costs of doing business there. The rule of law also saw a deterioration, contributing to the city’s decline.
Other countries ranked as follows:
United States (5),
Canada (10),
Taiwan (11),
Japan (20),
Chile (30),
France (47),
Mexico (68),
India (87),
Turkey (101),
Russia (104),
China (111),
Egypt (144),
Argentina (158),
Zimbabwe (164),
Venezuela (165). ..."
United States (5),
Canada (10),
Taiwan (11),
Japan (20),
Chile (30),
France (47),
Mexico (68),
India (87),
Turkey (101),
Russia (104),
China (111),
Egypt (144),
Argentina (158),
Zimbabwe (164),
Venezuela (165). ..."
No comments:
Post a Comment