As part of a four-article series, HSBC examines how the Belt and Road Initiative (BRI) is evolving in response to the lessons and challenges experienced so far and what this could mean for the global economy, from climate change to regional economic development and from project governance to trade connectivity. Our final article explores how HSBC’s own deep roots in Asia position us to support regional and global clients seeking to join the BRI’s new phase.
HSBC, established in Hong Kong and Shanghai in 1865 to facilitate China’s international trade, remains the world’s biggest trade bank today. For us, the BRI is a unique opportunity, given our deep roots in China and our presence throughout the world.
China’s increasing participation in international trade and investment impacts our clients around the globe, whether they be suppliers, contractors, bidders, partners or financial investors. We provide essential services for Chinese companies expanding abroad, such as mergers and acquisitions advice, capital markets financing, project finance and advice, working capital, cash management, trade finance and foreign exchange. Our ability to bring these solutions together and deliver them across multiple markets is one of our key strengths. Already, HSBC serves over 1,250 Chinese holding-company groups in more than 50 markets globally.
Being a global bank means we can support both sides of the deal. In a sizeable construction project in Egypt, for instance, we participated in a transaction led by the Chinese financial institution ICBC.
With a footprint across the key markets for the BRI in Asia, the Middle East and North Africa, Europe and Latin America, we understand the markets where opportunities are opening up and are uniquely positioned to help businesses make the best of them. Our universal banking model enables us to meet the different needs of every type of customer and offer a uniquely holistic approach to BRI opportunities, with product and client coverage teams that work closely together to provide solutions that support customers’ relevant financing, investment, payment and trade strategies.