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Heritage Foundation removes Hong Kong from location ranking

The US think tank Heritage Foundation has removed Hong Kong from its ranking of the world’s freest business locations. The Chinese special administrative region will now be added to China, dpa reported on Thursday. From 1995 to 2019, Hong Kong was consistently at the top of the ranking. In 2020, it had been replaced by Singapore at the top of the listing. China is ranked 107th in the 2021 edition.

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