Hong Kong second most competitive
(China Daily HK)
Updated: 2006-05-12 10:15
Hong Kong has remained the second most competitive place in the world after
the US in the latest Global Competitiveness Report published by the
International Institute for Management Development based in Lausanne,
Switzerland. The SAR received the same ranking in the Institute's report last
year.
Hong Kong was followed by Singapore, Iceland, Denmark, and Australia.
The Chinese mainland and India have overtaken South Korea in competitiveness
and risen to 19th and 29th on the list, respectively 12 and 10 places above last
year.
Among the Asian countries, South Korea has dropped below Hong Kong,
Singapore, Taiwan Province, the Chinese mainland, Japan, Malaysia, India and
Thailand.
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