HSBC: FOREIGN BANKS TO SNAP UP CENTRAL CHINA

AsiaInfo Services, May, 2007

AsiaInfo Services 05-07-2007 HSBC: Foreign Banks to Snap Up Central China ZHENGZHOU, May 07, 2007 (SinoCast via COMTEX) -- The Central China, a vigorous region in the fast-growing country, will soon become the new battlefield of all foreign banks in China, said a senior manager of HSBC Bank (China) Co., Ltd., the local incorporation of the Hong Kong and Shanghai Banking Corporation Limited. Henan, Shanxi, Anhui, Hunan, Hubei, and Jiangxi Province, the whole of the central region of China, will see continuous inflow of international funds, investments and foreign businesses, thanks to their stable political environment and high economic growth. HSBC plans to provide full-spectrum services for local and foreign corporate clients in the region, including deposit, loan,...

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