China’s relationship with the world is currently in a period of extended transition and nowhere is this more evident than in Australia, said HSBC Holdings CEO Stuart Gulliver at the recent Australia-China Conference 2016. Read the full transcript of the speech.
China’s economy added roughly the equivalent of Turkey or Sweden to its GDP last year. More cars were sold in China in 2015 than in the US, Japan, Germany, India and UK combined. Chinese travellers also made 120 million trips abroad, spending $140bn in the process.
HSBC Australia has decorated branches in Sydney with banners and rainbow flags to celebrate Sydney’s Gay and Lesbian Mardi Gras. It has also put messages on ATMs and display screens in branches across New South Wales.
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China is set to play a more prominent role on the global stage, says Stuart Gulliver.
More than 2 million people have safe water and sanitation thanks to the HSBC Water Programme.
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