English Subtitle Added: HSBC Is Suffering From Framing Meng Wanzhou and ...

English Subtitle Added: HSBC Is Suffering From Framing Meng Wanzhou and #Huawei 41,882 views Feb 13, 2021 1.2K 65 Share Save Difference Frames the World 65.7K subscribers This Is A Video Published Before, we just added English subtitles, As Requested By Some Viewers. The Original Video without English Subtitle will be removed after two weeks. https://youtu.be/CHtuYQ7jLM0 --------------------------------------------------------------------------------------------------------------------------- Recently, Meng Wanzhou has successfully drawn attention from all over the world. She has been arrested and detained in Canada for two years, HSBC was the biggest accomplice in the Meng Wanzhou case. HSBC's international reputation hit rock bottom when it turned out that HSBC had played a dirty role in the conspiracy of FBI to entrap Meng Wanzhou, the CFO of Huawei Technologies. Reputation is extremely important to a financial institution, so this time when HSBC's shroud of shame was torn off, its business began to shrink dramatically! when people choose a bank to do business with, trust always comes first. Why do rich people like to deposit their money in Swiss banks? It's because they believe Swiss banks will never disclose or even leak their customers' information. But HSBC obviously forgot this golden rule. HSBC not only gave a deliberately flawed piece of evidence, but also denied that the PPT slides, which Meng Wanzhou had used to address the bank's top executives, had ever appeared in front of HSBC management. This action directly led to Meng Wanzhou being slandered as a criminal, while bringing HSBC's creditworthiness in China right down to zero. HSBC has undoubtedly lost the trust of China, because of its stupid decision in the Meng Wanzhou case. China's Ministry of Finance already abandoned HSBC, which it had worked with for so many years, when it chose partners for the new issuance of government bonds. HSBC was replaced by the US-based Citibank. Isn't that ironic? There are reports saying that HSBC wants to sell its banking operations in the United States and France to boost returns, or even get rid of the market in America. If so, it will undoubtedly have to set its sights on Asia again. And China is bound to be the biggest market for it; after all, HSBC has been deep-rooted in China for over one hundred years. HSBC originated in Hong Kong in the mid-19th century. In the early days, because the Qing Dynasty had lost the war, it needed various reparations, but its treasury was empty, and it could only borrow money from foreign banks. HSBC, which had just made its name known, was an active participant in this line of business. No matter how much money the Qing dynasty borrowed from HSBC, the bank agreed to lend it with a high interest rate of 15 points. As a result, HSBC became a large creditor of the Qing government，and became the largest bank in China after taking a high interest rate every year. Since then, HSBC has also gained the trust of countless people. After the founding of the People's Republic of China, with the approval of the CPC state, HSBC continued to conduct foreign exchange business. As one of the only two remaining foreign banks in China at that time, HSBC earned a great deal of money from this business. 218 Comments Auggie Giuseppe Add a public comment... Difference Frames the World Pinned by Difference Frames the World Difference Frames the World 6 months ago This is a re-posted video, we just added English Subtitle to the video, and nothing changed. Old subscribers can skip this. We are putting English Subtitles to the videos we have right now, as a lot of viewers have difficulties to follow what was said in the videos, and for re-posted videos, the title will begin as "English Subtitle Added", and in the description, we will mention they are published videos before. It took more than 10 hours to prepare one video, and another several hours to add subtitles, the workload is too heavy to be finished in one day. We will try to upload new videos every other day, and for new videos, they do not begin with "English Subtitle Added". Old videos with English Subtitle will be deleted in two weeks. 23 Dante's Inferno Dante's Inferno 6 months ago The HSBC executives who conducted criminal activity to frame Meng Wan Zhou should be extradited to China to face criminal charges. 116 Yeap Soon Yeap Soon 6 months ago After that sue Canada for wrongful arrest, negligence and tort of deceit. 30 It's ok to love china It's ok to love china 6 months ago Thanks for your hard work! 36 Han Zi Han Zi 6 months ago For every dollar Huawei or her family spends in defending her in Canada, it must have cost at least 100 times in lost revenue for HSBC from its lost reputation! 28 Mohmee Gaik Mohmee Gaik 6 months ago Thank you for your untiring effort to voice out the injustice done to Meng Wanzhou. She is a hapless woman caught inbetween. 78 Michael Thong Michael Thong 6 months ago I won’t bank with HSBC anymore and so will all my business associates now. We don’t trust those British banks anymore. 27 Uber Menschen Uber Menschen 6 months ago @2:10, HSBC stands for HongKong Shanghai Bank Corporation. Its founders were participants in the opium trade ( the British forced narcotic addiction upon the Chinese) . 35 Lim SB Lim SB 6 months ago Should consider the same sanction against Mike Pompeo and other to HSBC and the executives involved.. 25 Roger Ward Roger Ward 6 months ago FREE HER NOW. 9 John Koh John Koh 6 months ago Britain financial role in EU is dented with Brexit too. Soo London would exit being a financial center for the world. 32 Richard Wong Richard Wong 6 months ago If a bank had done something like this to an American businessman who was locked up in a third country, the US government will fine that bank and charge its executives. Worse still, the US may send its warplanes to bomb the country that locked up the American businessman. The US has been and is very aggressive in protecting its own interests. By contrast, China has been very constrained in its response in the Meng case.