
TOKYO -- China and India will have to show greater commitment to reform if they are to spur foreign investment, despite recently jumping up the rankings in the World Bank's ease of doing business survey, according to fund managers and analysts.
The World Bank found in its annual ease of doing business ranking, which looks at investment conditions including the burden of red tape and regulations in 190 economies, that China and India were among the top 10 countries that had improved the most, with 13 reforms combined.