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China Ranks 111th in “Index of Economic Freedom”

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The Heritage Foundation has published its 2005 Index of Economic Freedom. Hong Kong tops the list, followed by Singapore, while China comes in at 111th (tied with Zambia), behind Pakistan and ahead of Kazakstan and Mozambique. India is ranked at 121st.

China’s scored 3.34 overall, with the following category scores (1 = best; 5 = worst):

    Trade Policy3.0
    Fiscal Burden3.9
    Government Intervention3.0
    Monetary Policy1.0
    Foreign Investment4.0
    Banking and Finance4.0
    Wages and Prices3.0
    Property Rights4.0
    Informal Market3.5

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