NZ, Hong Kong Lead Asia-Pacific in Business Ease, China Now in Top 10 Most Complex

Both countries were in the top ten in this year’s Global Business Complexity Index, while China entered the list of the 10 worst economies with which to trade.

This picture taken on March 2, 2022 shows shipping containers at a port in Hong Kong. Photo by Dale De La Rey/AFP via Getty Images

New Zealand and Hong Kong are still regarded as the easiest countries in the Asia-Pacific region to do business, ranking third and fourth, respectively, in the world behind the Cayman Islands and Denmark.

That’s the result of this year’s Global Business Complexity Index (GBCI), which analyses the business environment of 79 jurisdictions, accounting for 94 percent of the world’s GDP. It also ranks them based on over 250 indicators of business complexity.