China's governmental think tank has unexpectedly downgraded its global financial competitiveness ranking, despite ambitions to become a leading financial superpower.
US tops the ranking
Jul 05, 2026
02:13 pm
What's the storyIn a surprising move, China's financial competitiveness ranking has dropped by one place on the global stage.
The change was highlighted in a recent report by the Chinese Academy of Social Sciences (CASS), which places China fifth in 2026.
A Beijing think tank dropped China’s world ranking to fifth place, behind the US, Japan, UK and Germany following stock market…
China ranked 12th on the list, despite a decline in economic performance, weak domestic demand and concern over foreign market…
China ranked 12th on the list, despite a decline in economic performance, weak domestic demand and concern over foreign market…
HONG KONG SAR - Media OutReach Newswire - 18 June 2026 - Hong Kong jumped one place to become the world’s second most…
‘This is also the first time Hong Kong is back in the top three since 2019,’ city leader John Lee says.
"For decades, it has kept its financial system more tightly sealed than any other major nation."
