HSBC Hong Kong partners with China in new global payments network alternative to Swift

HSBC Hong Kong partners with China in new global payments network alternative to Swift

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC Hong Kong has recently become a direct participant in China’s international payments system, marking a significant step for the world’s largest player in trade finance. This move gives HSBC a key role in Beijing’s … Read more