Those who live in the freest jurisdictions in the world earn more than three times as much as those in the least-free.
The Heritage Foundation has dropped Hong Kong from its 2021 Index of Economic Freedom.
Hong Kong’s score in our report will surely decline due to increased aggression from China.
Hong Kong is now thoroughly under the thumb of the freedom-hating Chinese Communist Party.
Chinese officials are pulling books from schools and libraries and purging teachers and professors.
An international group of think tanks from 35 nations and territories from around the world has penned an open letter condemning the actions of the Communist Party of China and supporting the people of Hong Kong. On Tuesday, China’s National People’s Congress passed its controversial national security law, which violates Hong Kong’s Basic Law and encroaches on the city’s freedoms and liberties. The letter, which details Hong Kong’s success since the Second World War in becoming one of the most prosperous, entrepreneurial, and freest places on earth, is signed by 37 member organizations of the Economic Freedom of the World Network, which is led by Canada’s Fraser Institute.
Canada, with 300,000 citizens in Hong Kong, should be at the front of the international effort.
Hongkongers have enjoyed the highest level of personal freedom in the world, according to the Human Freedom Index.