Securities, Schools and China Competitiveness

China's securities regulation system ranked well below those in fellow emerging markets South Africa, India and Brazil in the eyes of global business leaders surveyed last year by the World Economic Forum.
South Africa ranked second, Brazil was 10th and India took 11th place in the group of 133 economies studied. China finished far down at No. 91, in part because the 373 Chinese business leaders polled for the Davos-based WEF Global Competitiveness Report were less positive than counterparts in other emerging markets. About 13,000 executives responded to the survey worldwide.