HSBC vows to keep investing in China as new trade corridors emerge
Mar 22nd 2026 · China
At the China Development Forum 2026, HSBC CEO Georges Elhedery said the bank will keep investing in China as Chinese companies expand overseas and reshape global trade routes.
- HSBC CEO Georges Elhedery pledged at the China Development Forum 2026 that the bank will continue investing in China.
- Elhedery said Chinese firms are shifting from exporting to building overseas operations, creating new trade corridors amid changing global trade dynamics.
- An EY report shows China overseas direct investment reached US$174.4 billion in 2025, up 7.1% year on year, with overseas M&A at US$43.6 billion, nearly a 40% rise.
- Green energy and auto companies such as BYD and CATL are leading the push by building plants in Europe, Southeast Asia and South America.