Hong Kong again ranked as world's freest economy, Singapore comes second

[post] was originally published on [this site] HONG KONG (China Daily/Asia News Network): The Hong Kong Special Administrative Region's government welcomed the Fraser Institute's recognition of Hong Kong as the world's freest economy in its latest report on economic freedom. Singapore was ranked second in the 2021 report, followed by New Zealand, Switzerland and Georgia. The United States, Ireland, Lithuania, Australia and Denmark rounded out the top 10. The report measures the economic freedom — the ability of individuals to make their own economic decisions — by analyzing the policies and institutions of 165 countries and regions. Indicators include regulation,…