27 June 2016

Brexit: One man’s meat is another’s poison

By benbam

The expert view is that China will be just fine. “But out of all of the market turmoil and uncertainty will emerge at least one big winner: China,” writes Michael Schuman on the Bloomberg site. A headline in ValueWalk went even further: “Brexit: China Could Be the Biggest Winner of All.”

That is not an unreasonable view. China, after all, will have far greater bargaining power now that Europe is broken into one more piece—and that will be especially true if the process of division continues, as it very well may.

 

http://www.forbes.com/sites/gordonchang/2016/06/26/will-brexit-push-china-over-the-edge/#7d818c06e1eb