Displaying items by tag: China's economy

HSBC, a global banking giant, has recently expressed a robust optimism regarding the long-term prospects of China's economy. Despite facing immediate challenges, the bank's sentiment remains buoyant, underscored by the belief in the country's ongoing economic transition. HSBC's Chief Financial Officer, Georges Elhedery, in a discussion with CNBC, conveyed a compelling vision of China's path toward economic modernization and global competitiveness.