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Boao Forum lists Singapore economy as most competitive

By Lan Lan | China Daily | Updated: 2012-03-22 07:54

Ranking reflects factors including innovation and social development

Singapore has the most competitive economy in Asia, according to a report released by the Boao Forum for Asia on Wednesday.

China and India, which along with Brazil, Russia and South Africa make up the BRICS economies, lagged behind in the ranking because of their low commercial and administrative efficiency.

Boao Forum lists Singapore economy as most competitive

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