After another rocky year of U.S.-China tensions, the two countries’ presidents are set to meet this week for the second time since Joe Biden took office.
Employees of the British banking giant HSBC have installed a Chinese Community Party committee in a subsidiary, raising concerns about Beijing's possible influence in foreign financial institutions
British bank and financial services giant HSBC, a longtime presence in East Asia, has become the first foreign lender to install a Chinese Communist Party committee in its investment banking subsidiary in China. HSBC's China investment bank, HSBC Qianhai Securities, established a CCP committee after the lender increased its stake in the joint venture from…