How has HSBC adapted its global strategy to operate in china both before and after WTO accession?

Before China's WTO accession in 2001, HSBC focused on establishing a strong local presence through joint ventures and partnerships, navigating regulatory barriers while offering international banking services. Post-WTO, HSBC capitalized on the expanded market access by investing heavily in local operations, enhancing its retail banking services, and leveraging its global expertise to cater to the growing demand for foreign financial services. The bank also emphasized digital innovation and sustainable finance to align with China's economic goals, further solidifying its role as a key player in the Chinese banking sector.