HSBC isn’t the only one betting on China

Analysts at Fitch Ratings say Asia-Pacific banks' vulnerability rises as China’s growth is slowing and economists at multiple institutions cut GDP estimates for the country.

By Dan Bland

Jun 16, 2015

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Fitch Ratings said it expects Asia-Pacific (APAC) banks to continue expanding their China business after a temporary slowdown in the second half of 2014, in a research note dated June 15. Indeed, HSBC has stated that its pivot strategy will hinge largely on a move to the Pearl River Delta region in South China.

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