China's business environment improving: world bank report.


China is fast becoming one of the easiest places in the world to do business, according to the World Bank's annual Doing Business report.

Released Thursday, the report ranked China 31st out of 190 countries and regions, up 15 spots from its previous ranking of 46th and among the top 10 improvers alongside Saudi Arabia, India, Nigeria, and others. The Doing Business project also ranked Hong Kong and Taiwan third and 15th, respectively, on the overall list.

The day before the report's release, China's Cabinet issued a regulation aimed at ensuring...

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