China; Ease of doing business rank: 96

With a projected annual GDP growth of 7.4 percent, China has undergone drastic change in its economy and financial system. The growth of the economy has been observed due to rapid continuation of industrialization, urbanization, and reformation into the world economy and The People’s Bank of China ending its monopoly and letting in positive successful reforms. In the economic transformation, China is on its way to pass the United States in 2042.

Russia; Ease of doing business rank: 92

At a projected annual GDP growth of 2.5 percent, Russia has emerged as a powerful economy. It is world’s largest Country in terms of land. Russia is now welcoming foreign investments with the help of its rebuilding exercise of infrastructures. Russia has grown more than its position of the oil and gas producing economy. Retail sales are growing at 13 percent annually in real terms. Construction is growing by 16 percent and domestic investment by 20 percent. These are the main catalysts behind leading multi-nationals setting up its base in Russia.

Morocco; Ease of doing business rank: 87

With a projected annual GDP growth of 4.4 percent, Morocco pledges to make its economy rise. The economic growth of Morocco is expected to rise further as some industries have been given a great back up by the implementation of the National Pact for Industrial Emergence. It was organized to help grow the new centre, job opportunities and new competitive market environment. Morocco keenly encourages niche industries for export, as a result, automotive sector, transport and logistics are blooming. It is also keen to expand its renewable energy capacity in future.

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