The graph shows the borrowers' and lenders' legal rights index in China between 2013 and 2019. In 2019, the index in China was three on a scale from zero to 12. The index depicts the ability to claim legal rights in business on a scale where index zero means "weak" and 12 means "strong".
Ability to claim legal rights in business in China between 2013 and 2019
(index value on a scale from 0 to 12)
Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 12, with higher scores indicating that these laws are better designed to expand access to credit.
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World Bank. (May 30, 2024). Ability to claim legal rights in business in China between 2013 and 2019 (index value on a scale from 0 to 12) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/239333/rule-of-law-index-in-china/
World Bank. "Ability to claim legal rights in business in China between 2013 and 2019 (index value on a scale from 0 to 12)." Chart. May 30, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/239333/rule-of-law-index-in-china/
World Bank. (2024). Ability to claim legal rights in business in China between 2013 and 2019 (index value on a scale from 0 to 12). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/239333/rule-of-law-index-in-china/
World Bank. "Ability to Claim Legal Rights in Business in China between 2013 and 2019 (Index Value on a Scale from 0 to 12)." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/239333/rule-of-law-index-in-china/
World Bank, Ability to claim legal rights in business in China between 2013 and 2019 (index value on a scale from 0 to 12) Statista, https://www.statista.com/statistics/239333/rule-of-law-index-in-china/ (last visited November 21, 2024)
Ability to claim legal rights in business in China between 2013 and 2019 (index value on a scale from 0 to 12) [Graph], World Bank, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/239333/rule-of-law-index-in-china/