Pains and gains for different groups
China Daily | Updated: 2016-06-27 07:41
Editor's note: Brexit will have an impact on China in areas like tourism, higher education, and expatriate affairs. Here is a snapshot of the developing complex situation:
Investors:
Brexit is expected to savage investors' risk appetite. Consequently, they will likely pull their money out of risky assets like stocks, analysts said. Chinese investors will be spooked by a weakening British pound and the shaky euro. Volatility is expected to return to global stocks as a section of investors is suspected to have failed to price in Brexit.
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