August 4, 2020

HSBC: In showdown between China and the West, HSBC gets caught in the middle – The Economic Times

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5G Bank Beijing Britain Canada China Chinese Communist Donald Trump Economy Extradition Facebook Finance Google Hong Kong HSBC Huawei Human Rights Iran Japan media intelligence military National Security News Media Security Law Social Media Software Twitter United States War

News Snapshot:

HONG KONG: Like Hong Kong , HSBC has long sat at the crossroads between East and West, a big global bank based in Britain that has reveled in and profited from its deep relationship with China . And like Hong Kong, it is now caught in the middle of a new era of confrontation between Beijing and major Western governments. In China, HSBC has been accused of à¢€Å“setting trapsà¢€ to ensnare the Chinese tech giant, Huawei . In Britain, it has been admonished for lobbying on behalf of Huawei. Straddling neutral ground is no longer an option. HSBC got called…

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HSBC: In showdown between China and the West, HSBC gets caught in the middle – The Economic Times

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