China: leaving other Brics for dust in new index | beyondbrics

China: leaving other Brics for dust in new index | beyondbrics:

"

Every so often it is argued that one of the Bric (Brazil, Russia, India, China) countries really doesn’t belong in the group, due to an economic indicator or other measure.

Those suggesting that China is a Bric apart will only be encouraged by the latest Global Dynamism index from accountancy firm Grant Thornton in conjunction with the Economist Intelligence Unit. The country is not just ahead from the other Brics, it is out of sight.

In the ranking of 60 countries, looking at 22 business and economic indicators, China has surged 17 places in the ranking to 3rd place, behind only Australia and Chile. Meanwhile, Russia has fallen 3 places (to 43rd), India has dropped 6 places to 48th, and Brazil has tumbled 11 places to 42nd. South Africa – the extra “S” in Brics, has fallen 10 places to 52nd.

Where has China improved? After all, for most of the year the worry has been of economic slowdown."

'via Blog this'