Hong Kong is surpassed by Singapore as the worlds freest economy.Image

Hong Kongs 53-year reign as the most open economy in the world has come to an end as Singapore has surpassed Hong Kong to take the top spot. According to a report published by the Canadian think tank Fraser Institute, this transition has occurred. Hong Kong ranked second for the first time in the Economic Freedom of the World Index, which has been measuring economic freedom since 1970. ..Read More

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