In China's Pearl River Delta, HSBC faces a risky voyage

dimanche 14 juin 2015

File photo of workers walking in front of an unfinished factory building in the southern Chinese city of DongguanThe station, 90 kilometers north of Hong Kong, is on the first open section of a super fast rail network in China's Pearl River Delta that HSBC (HSBA.L) is betting will turn the prosperous region of 40,000 square kilometers into a seamless metropolis that can fuel the bank's growth in the next decade. A visit to the area though shows up how infrastructure construction that HSBC is hoping will drive the region's development is moving at a patchy pace, underlining risks the lender faces in its Asia "pivot" strategy.




In China's Pearl River Delta, HSBC faces a risky voyage source: http://finance.yahoo.com/news/chinas-pearl-river-delta-hsbc-072446498.html

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