HSBC became the first global international bank to establish a Communist Party of China’s committee within its investment bank, allowing the CPC to carry out “activities” within the group’s Chinese business.
HSBC became the first global international bank to establish a Communist Party of China’s committee within its investment bank, allowing the CPC to carry out “activities” within the group’s Chinese business.
Western corporations in 1950: “We must be on our guard against Evil Communist Infiltrators.”
Western corporations in 2022: “Please, communists, grant us access to your stable economy, because ours is crashing. Look, we’ll even let the Party govern us directly – please? Please?”
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