‘No Winners’: US-China Trade War Tensions Continue To Escalate
Tensions from China's ongoing trade dispute with the United States continued to escalate this week, according to multiple reports. The United States and China are engaged in a trade war, with both countries vying for advantage. As President Joe Biden's term ends, his administration recently introduced new export controls on China. Chinese President Xi Jinping […]
HSBC names new Mandarin-speaking CEO as bank prepares for US-China tensions | HSBC
HSBC has appointed financial chief Georges ElHedery as its new chief executive, handing the reins to a global banking veteran as the bank braces for renewed tensions between the United States and China. El Hedery, who takes up the role in September, will succeed Noel Quinn, who suddenly announced in April that he was stepping […]