China Ushered In Three New Opportunities On The Occasion Of Britain'S Departure From Europe.

Britain's Euro referendum has been in the past few weeks, and its short-term impact on the market has gradually levelled off, but its long-term impact remains to be released.

But as the saying goes, crisis is opportunity.

For China, Britain also has an opportunity to enter Europe.

Britain's departure from Europe is a retrogression in the process of European integration, to a certain extent, reflecting the general mood of globalization in developed countries.

For China, facing the backwash of the global recession, we should take a more positive role in promoting free trade and investment, showing a win-win outcome and playing a more important role in the reform of the global economic governance system.

The first is investment in Britain.

Britain's departure from Europe did not affect Chinese investment, but it saved money because of exchange rate changes.

Shortly after the EU referendum, HUAWEI announced that its investment plan of 1 billion 300 million was unchanged; Wanda's AMC recently completed the acquisition of Odeon, a British cinema.

At the same time, for Chinese enterprises, off Europe may mean new acquisition opportunities, and commercial feasibility, expected yield and strategic synergy space will be the main factors of investment decisions.

However, on the other hand, the pound is very large.

It also has an impact on the business interests of international investors and highlights the importance of exchange rate risk hedging.

For example, the Yangtze River and Hutchison industries are worth tens of billions of pounds in British assets, and their book value and operating income of Hong Kong dollar assets are inevitably affected.

Next is trade agreement negotiations.

After formally withdrawing from the EU, Britain will be able to conclude trade agreements with the third parties independently, but specific negotiations should be carried out before that.

In this respect,

First of all, the question of choice mode and decision order is the first choice. The decision to send high-level trade delegations to China, the United States and India first after the referendum may reflect the latter idea.

In March 2015, Britain became the first major western country to apply to join Asia Investment Bank. Osborn, then Chancellor of the exchequer, played an important role.

Within the European Union, Britain also holds a favorable position on China on some important issues.

The second is the financial sector.

As a financial center, London is

There may be problems of weakening Euro trade.

In the long run, the renminbi offshore trade in London is expected to strengthen.

Hongkong is still dominant in terms of the size and volume of Renminbi deposits, but London has an advantage in the innovation of RMB financial products.

In October 2014, the British government successfully issued 3 billion yuan of treasury bonds; in October 2015, the people's Bank of China issued 5 billion yuan central bank bills; in May 2016, the Ministry of Finance successfully issued 3 billion yuan of treasury bonds, and these pioneering initiatives in the city of London will undoubtedly enhance their status as the European RMB business center.