An economic snapshot of Hong Kong and Singapore shows that they have more than regained the ground they lost during the global financial crisis. Hong Kong, as a special administrative region in China, and Singapore, a city-state with big neighbors, benefit geographically from “emerging Asia,” yet both have the historical and legal advantages of “developed Asia,” not least of which is the rule of law. Both economies remain highly competitive and relatively lightly regulated and taxed. As such, they are attractive places to do business.