our assignment this week will focus on the case study HSBC in China (p. 563). We once again visit the country of China, this time to look at the financial and banking sectors. China acceded to the World Trade Organization (WTO) in 2001, which was important to integrate China into the global economy. The WTO requirements guaranteed China entry into the important financial sector, setting it on a course to become a financial powerhouse.
Reflecting on this weeks content focusing on ethical leadership, strategy, and alliances, develop an essay responding to the following questions
How has HSBC adapted its global strategy to operate in China, both before and after Chinas WTO accession?
Discuss HSBCs strategy for entering and operating in other emerging markets. Where has it found success, and where has it faced setbacks? Why?
What are the pros and cons of HSBCs Managing for Growth strategy?
Your well-written paper should meet the following requirements:
Support your submission with course material concepts, principles, and theories from the textbook and at least two scholarly, peer-reviewed journal articles.