Advantage China

Short-term pain

Print edition : July 22, 2016

The production line at the London Taxi Company in Coventry, central England. The company restarted production in 2013 after the business was saved by Chinese carmaker Geely. Photo: REUTERS

Notwithstanding the painful restructuring of ties with Europe, in the short run China is likely to benefit from the extra elbow room for strategic manoeuvre that it is likely to acquire on the global stage in the aftermath of Brexit.
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