HSBC banks on Australia as China relations thaw


Source: afr.com afr.com
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"I'd probably say that when it comes to moving dollars, the weight of capital still goes to the US and the UK. But we're not de-prioritising the Asian dialogue with these customers based upon the fact that money's not going out today," Mr Shaw said. "We recognise that Australia's future is a diversification of those ports of investment ... for instance, the announcement of the free trade agreements with India, the continued free trade agreement with China or, the fact that we have a new envoy to ASEAN under the leadership of Nicholas Moore." Mr Shaw said HSBC is providing…