HSBC: The global economy is not retreating. It is rewiring.

Back to InsightsMacro OutlookThe global economyNew Networks of Capital: The World Rewired8 April 2026ArticleArticleMore like thisLess like thisThe global economy has been shaped by a cumulative series of major shocks in recent years. The pandemic disrupted supply chains and accelerated digital adoption. More recently, energy price spikes and resulting inflationary pressures have increased costs and created uncertainty. At the same time, headwinds have reshaped trade relationships, strategies, investments and capital reallocation, while rapid advances in AI and technology are changing how businesses operate. The incremental impact of volatility over the past decade has been lasting. It has created a more unpredictable and faster-moving global economy. Global economic volatility is now seen as an anticipated feature of the operating environment. This report provides fresh insights from 3,000 senior global leaders, business owners and institutional investors in 10 markets on how they are responding to the current climate and how this is informing their current and longer-term plans. Are businesses pulling back? Or are they adjusting their strategies, reallocating capital and identifying new opportunities for growth? Download the report to find out. ‘New Networks of Capital: The World Rewired’ reportDownloadOur HSBC Global Investment Summit survey highlights a structural transformation in the global economy. Business leaders and institutional investors are recalibrating where they operate, invest and allocate capital as complexity rises.Michael RobertsCEO Bank plc and CEO Corporate and Institutional Bank, HSBCDisclaimerCopyright HSBC BANK PLC, 2026. All Rights Reserved HSBC Bank plc is incorporated in England and Wales (no: 14259) with its registered office at 8 Canada Square, London E14 5HQ and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority (Registration Number 114216). The views expressed do not reflect that of HS...