Singapore, Hong Kong and Japan are the least corrupted among the 13 major Asian economies. India ranked 8th, far better than the 10th placed China in a survey conducted by Regional Think-Tank.

On the scale of ‘0 to 10′, Singapore topped with just 1.13, followed by Hong Kong (1.80) and Japan (2.25). India was ranked 8th on the chart with 7.25, far worse than the last year when it scored only 6.67.

China was placed on the 10th position with 7.98, much worse than the previous year when it scored only 6.29.

Philippines was considered as the most corrupt economy with the score of 9, followed by Thailand(8).

More than 400 expatriate business people were asked to rank countries based on issues that could negatively impact their business. These included red tape, policy clarity, financial reforms, transparency and liberalisation, PERC said.

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