The political crisis between China and Hong Kong plunges the economic sector into embarrassment. A majority of financial funds choose to leave the region. Except the giant bank HSBC, which chose to support the communist regime in Beijing. A decision very frowned upon in Great Britain. 

The Hong Kong crisis, symbol of the end of globalization. In the battle between pro-democracy demonstrators and the Beijing regime, financial institutions are now forced to choose sides. 

Hong Kong is a huge financial center, but not for very long. In a survey, the Financial Times shows how financial funds are all packing up in the face of Beijing's stranglehold. It changes everything. 

First of all, it means the end of the rule of law. The end of independent justice that protects you. It means the end of freedom of speech, freedom of information. And so, how to work, in a trading room, when you no longer have Google, Twitter or Facebook, which are authorized in Hong Kong, but not in China. And then, that means an authoritarian climate, which means that families no longer necessarily want to live there. 

But, beware, not everyone makes this choice to leave. It may seem incredible, but the giant bank HSBC has decided to support the communist regime in Beijing, to the chagrin of pro-democracy protesters. Because HSBC realizes a good part of its activity (40%) and its profits in China, there was no question of getting angry with the central power.

However, HSBC is an English bank, based in London. How can it sign "charters" on its social responsibility and support the authoritarian regime in Beijing against the pro-democracy demonstrators? 

There, it's impossible. Besides, it hasn't dragged on, in Britain, elected officials are calling for a boycott of the bank. Besides HSBC is also present in the United States. We imagine that Donald Trump will not remain without reacting. 

This is how, now, you have to choose your side. We can no longer be neutral, just do business. So, yes, this Hong Kong affair is symbolic of the end of unhindered globalization, these large multinationals, planetary and globalized, who loved this idea of ​​a flat land, without borders, or friction. This parenthesis closes.