USEUROPEAFRICAASIA 中文双语Français
Home / Business

What Brexit would mean for Asia

By Bloomberg | China Daily | Updated: 2016-06-22 07:32

While a United Kingdom exit from the European Union would almost certainly cause turmoil in Europe, its effects on Asian economies including China, the region's largest, may be much more benign.

That's according to a note by London-based Capital Economics, which said a Brexit would cause at most a GDP drop of 0.2 percent across Asia.

The research company based its finding on a worst-case scenario estimate by the National Institute of Economic and Social Research, a London-based think tank, which said Brexit would reduce British imports by 25 percent worldwide within two years.

What Brexit would mean for Asia

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US