Originally Posted by
lsquare
No, I don't mean to open an account in China first. So in this arrangement, the HSBC China account is somehow linked to your US account? The Chinese account will be opened as long as you maintain your US account? This would be a good alternative if you don't have to pay any fees on the Chinese side and can use it with Alipay. Why do you have to wait until May to find out? The whole process is slow?
Continuing the HSBC-specific discussion in
Banking and Good banks in the PRC Discussion