Imagine being required to have a Democratic Party Committee, a Republican Party Committee, or even a Communist Party Committee embedded at a company where you work. Imagine further that such a committee is situated at the senior managerial level and either the committee or its members are vested with decision-making input or authority over company matters. Implausible, you may say dismissively, an Orwellian fantasy that exists only in fiction writing. If only. News broke in late July that British global bank HSBC became the first foreign financial services company to establish a Chinese Communist Party (“CCP”) Committee inside its investment banking business. HSBC Qianhai Securitie
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