Hong Kong has lost its top slot among free economies, a new report by a Washington-based think tank said on Tuesday. 

According to the 2020 Index of Economic Freedom by the Heritage Foundation, the Chinese autonomous region dropped to the position of “2nd freest” economy after months of anti-government protests that lasted until the recent outbreak of the novel coronavirus, bringing the city down to a score of 89.1.

“Its overall score has decreased by 1.1 points due primarily to a decline in the investment freedom score,” said the report.

The economy of Hong Kong, which was handed over

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