Brexit: uk Referendum On eu membership Sparks Unease amongst chinese traders, Threatening ‘Golden technology’ Of chinese investment


Fly into Heathrow Airport, consume a bowl of Weetabix cereal or take a sip of London’s tap water and you’ll be getting greater than just a taste of britain. China has a stake in a lot of these ventures, whose ownership displays just a sliver of the billions of greenbacks chinese buyers have poured into the U.k. over the past decade.

however a unmarried word now casts a dark shadow over the deepening China-U.ok. monetary dating: Brexit.

as the marketing campaign to break up Britain from the ecu Union has gained momentum — jogging neck-and-neck with the “continue to be” camp inside the most latest polls — chinese buyers have grown increasingly more aggravating over the end result of the June 23 referendum.

“i’ve but to discover a chinese investor who would choose a Brexit,” William Franklin, founding father of the China buyers club, stated. as the referendum date draws close to, chinese buyers have postponed commercial enterprise offers in Britain and expressed reservations about the opportunity of a U.ok.-ecu split, in keeping with Franklin, whose firm connects small- to medium-sized organizations inside the U.okay. with chinese language capital.

The Mall is coated with the British Union Jack flag and the chinese Wu Xing Hong Qi flag ahead of the chinese country go to on Oct. 19, 2015 in London.