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ECONOMY CLASS: Prime Minister Manmohan Singh and Chinese Premier Wen Jiabao at a press briefing in Beijing.

ECONOMY CLASS: Prime Minister Manmohan Singh and Chinese Premier Wen Jiabao at a press briefing in Beijing.

Free economy a dream? Asian tiger, dragon caged

India and China, the two fastest growing major economies of the world, may be hot investment destinations globally, but they are placed abysmally low on a list of nations in terms of their economic freedom. The Economic Freedom Index compiled by US-based think-tank Heritage Foundation puts India at 115 and China even lower at 126th. Hong Hong emerges the Asian giant and is ranked the world's freest economy.

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