Both countries were in the top ten in this year’s Global Business Complexity Index, while China entered the list of the 10 worst economies with which to trade.
New Zealand and Hong Kong are still regarded as the easiest countries in the Asia-Pacific region to do business, ranking third and fourth, respectively, in the world behind the Cayman Islands and Denmark.
That’s the result of this year’s Global Business Complexity Index (GBCI), which analyses the business environment of 79 jurisdictions, accounting for 94 percent of the world’s GDP. It also ranks them based on over 250 indicators of business complexity.
