What next for Chinese companies after the UK exit?

0 Comment(s)Print E-mail China Daily, June 27, 2016
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A logo of Huawei Technologies Co Ltd. [File photo]

Chinese technology firms such as Huawei and Tencent have research and development centers in Britain.

China's overall non-financial direct investment in the UK exceeds $13 billion. The UK is also the second-largest trading partner of China within the EU with two-way trade volume set to reach $100 billion.

Li Ka-shing, business tycoon and Hong Kong's richest man, warned before the vote that he would scale back his investment in the UK should Brexit come to pass as "it would be detrimental to the UK and it will have a negative impact on the whole of Europe".

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