“I was speaking at a private event under Chatham House Rules and my personal comments do not reflect the views of HSBC or the China British Business Council. I apologise for any offence caused,” Sir Sherard, who is also chairman of the China-Britain Business Council lobby group said in a statement provided to the BBC by HSBC.
https://www.bbc.co.uk/news/business-66424948?at_medium=RSS&at_campaign=KARANGA,
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