In the recent HSBC's Global Connections report, it predicts that China's import growth will overtake its exports over the next five years with growth rates of 5.1% and 4.7% respectively, as its demand for goods and commodities continues to grow alongside reduce demand for its exports in the developed markets. To keep track on China's growth, HSBC has been actively encouraging its customers to subscribe to a weekly online magazine published by Chin Tell Limited - Week in China.
Chin Tell Limited, a Hong Kong based company has been publishing the weekly magazine for the past three years. Between the month of June and July, HSBC carried out a "Week in China" campaign to invite its corporate customers to subscribe the Week in China magazine via a simple online registration process. The magazine captures the latest news in China under a variety of categories. To name a few, they are Internet & Tech, Economy, Chinese Character, Agriculture, Banking & Finance, Society & Culture and more.
With a total of 90 sign-ups, the winner of the said campaign was Mary Ting from TSK Sdn Bhd who won herself an iPad2. On hand to present the prize was Rosdi Amin Yaakub, Head of Corporate Banking and Deputy Chief Executive Officer, HSBC Brunei.
HSBC Brunei's commitment on its increase presence in China includes being the first bank in Brunei to provide Renminbi (RMB) deposits and remittances services to Corporate Banking customers following China's contribution in global trade and the gradual internalisation of RMB. For more information on corporate products and services, please log on to www.hsbc.com.bn.--Courtesy of Brudirect.com