, Hong Kong

Hong Kong no.1 in World Competitiveness Rankings

Hong Kong tops the annual survey measuring how well countries manage their economic and human resources.

It bested 59 other countries including the US which came in 2nd and Switzerland which placed 3rd.

Aside from landing the top spot, Hong Kong is also the only Asian country in the top 10 to have kept its position, with Singapore falling 4th from last year's 3rd place and Taiwan slipping to 7th from 2011's 6th rank.

Source: IMD

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