| answer text |
<p>The UK Government speaks regularly with international financial services firms
about a range of issues. It is for individual companies to make their own judgements.
We have made our own position very clear on China's proposal to impose national security
legislation on Hong Kong.</p><p>CDC has a successful partnership with Standard Chartered
focused on delivering development impact at scale in Africa and South Asia. For example,
during the Ebola crisis CDC’s partnership with Standard Chartered helped provide vital
working capital to businesses struggling to pay wages and meet operating expenses
when the economy was seizing up.</p><p>Now, during the COVID-19 crisis CDC’s trade
and supply chain finance partnerships with Standard Chartered are providing much needed
liquidity to businesses in sub-Saharan Africa and South Asia. Being a counter-cyclical
investor supporting local businesses during the crisis forms a central element of
CDC’s COVID-19 response.</p>
|
 |
