Wednesday, 10 June 2020

Behind HSBC’s Rare Foray Into Politics Over Hong Kong

For a century and a half, HSBC Holdings PLC steered a neutral course through the messy geopolitics of east versus west. Now a public signal of the bank’s support for China over the future of Hong Kong has actually set off a storm of criticism.

At a plastic table outside of a Hong Kong city station, the bank’s Asia chief, Peter Wong, just recently signed a petition backing a security law China is preparing to trouble the city. Opponents state the law would reverse the area’s autonomy, threatening its Western-style pillars of complimentary speech …

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source https://jobsearchtips.net/behind-hsbcs-rare-foray-into-politics-over-hong-kong/

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