How HSBC adapted its global strategy to operate in China

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? For companies that are participating in Saudi Vision 2030, what strategies and tools might they adopt to manage political risks?