Red Tape Risk: Who in the G20 Is Cutting It?

By Eric Roston - 2013-11-15T15:08:34Z

Photograph by Spree Photo

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2014 Rank: 96
Change From 2013 Rank: Improved by 3

Chinese premier Li Kequiang said last week that local governments should stop directly investing in or setting up companies as part of an overall push to reduce the state's role in the economy. 

Doing Business lauds China for new regulations that ensure borrowers' right to access their own credit data and for reforms that make legal proceedings faster and less cumbersome.

China ranks 13th out of the 50 economies moving fastest to adopt global best practices, ahead of the three other BRIC nations and also G20 members Saudi Arabia and Mexico. Left: Shanghai.

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