Tagged: HSBC

13th October 2021

China’s Sept exports surprisingly robust despite power crunch

China’s export growth unexpectedly accelerated in September, as still solid global demand offset some of the pressures on factories from power shortages, supply bottlenecks and a resurgence of domestic COVID-19 cases. The world’s second-largest...

North America / China

11th August 2021

Trudeau condemns Chinese court’s 11-year sentence in Canadian’s espionage case

Canada’s Prime Minister Justin Trudeau said a Chinese court’s sentencing of Canadian businessman Michael Spavor to 11 years in prison for espionage on Wednesday was “absolutely unacceptable” and called for his immediate release. The...

China / Economy

5th August 2021

Reality bites: China’s meddling cools but can’t reverse hot commodity prices

A slew of measures by Chinese authorities to tame soaring raw material costs has had only a fleeting effect, leaving the world’s largest manufacturing base facing the harsh reality of substantially higher input costs...

United States / Economy

27th May 2021

HSBC to exit US retail banking sector

HSBC announced Wednesday that it is exiting the retail and small business banking market in the United States, in line with its strategy to refocus on corporate and investment banking in Asia. The London-headquartered,...