Matthews Asia Perspective: Brexit Impact On China

Brexit Impact On China by Andy Rothman, Matthews Asia

Uncertainty over the impact of the June 23 U.K. referendum to secede from the European Union may rattle Chinese investor sentiment in the short term, but the lengthy process of U.K. disentanglement from the E.U. is unlikely to have a significant impact on the Chinese economy. Last year, China accounted for 35% of global economic growth, and if Brexit results in slower growth in the U.K. and anxiety in the developed West and in emerging Europe, the Chinese share of global growth could rise even higher. China—and the rest of the region that Matthews Asia invests in, which (combined with China) accounted for about 60% of global growth last year—is...