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[Globe Newswire] Fraser Institute News Release: Hong Kong plummets to 46th spot in latest Human Freedom ranking
By Eight percent per annum  •  January 12, 2024
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TORONTO, Dec. 19, 2023 (GLOBE NEWSWIRE) -- As a result of increasing restrictions on liberties in Hong Kong—once among the freest places on earth—it now ranks 46th in the latest Human Freedom Index report, released today by Canada’s Fraser Institute and the U.S.-based Cato Institute.

As recently as 2010, Hong Kong was the 3rd freest jurisdiction on earth. Mainland China has always been less free than the territory and this year, China ranks 149th out of 165 jurisdictions.

“Freedom has suffered a precipitous decline in Hong Kong, but its tragic descent into oppression provides important lessons about the value of freedom,” said Fred McMahon, resident fellow at the Fraser Institute and co-author of this year’s report.

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By Eight percent per annum
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