Hong Kong loses world's freest economy title to Singapore after fall in rankings attributed to declining legal system

Hong Kong was ranked the world's freest economy for over two decades
It has now lost that position to Singapore
Hong Kong's ranking fell in Fraser Institute's "Economic Freedom of the World" report
The fall is attributed to erosion of Hong Kong's legal system and judiciary
Decrease in judicial independence, impartial courts, legal integrity

nikkei.com

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