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The Nexus
BUSINESSJul 5 · 06:00 UTCSCMP WORLDZhu Wenqian

Why has China lowered its own ranking in global financial competitiveness?

A Beijing-based governmental think tank, the Chinese Academy of Social Sciences (CASS), lowered China’s global financial competitiveness ranking to fifth place in 2026, down from fourth last year. The report cites the United States, Japan, the United Kingdom, and Germany as countries ahead of China in this ranking.

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