Published on 20.07.2011
The Best Countries For Business
Hong Kong has been ranked as 2nd best country for business
Hong Kong has a free market economy highly dependent on international trade and finance - the value of goods and services trade, including the sizable share of re-exports, is about four times GDP. Hong Kong's open economy left it exposed to the global economic slowdown, but its increasing integration with China helped it recover from the downturn more quickly than many observers anticipated. Hong Kong over the past few years has become increasingly integrated with China through trade, tourism, and financial links. The Hong Kong government is promoting the Special Administrative Region (SAR) as the site for Chinese Renminbi (RMB) internationalization.
Full article at Forbes.com