India jumps to 63 in 2020 EODB survey, China slumps in updated list. 5 facts
India jumps to 63 in 2020 EODB survey, China slumps in updated list. 5 facts
(REUTERS)
After China and three other countries submitted data that was inappropriately altered with regard to the Ease of Doing Business Report, the World Bank has now corrected the data. In the updated report, China has slipped seven positions below to 85.
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Following reviews of data irregularities, the World Bank recently releases its updated Doing Business in which China's position has been downgraded. The World Bank has said that China's ranking would have been lower by seven notches in the index for 2018. Besides China, the ranking of Saudi Arabia, United Arab Emirates and Azerbaijan has also gone down in the corrected list.