Brexit: the First Wave of Deglobalization

China’s stock market and RMB exchange rate both took a hit, but these were obvious reactions to Britain’s surprise vote to leave the EU. This brand of populism will get a boost from the success of the Brexit “Leave” campaign, but the long-term global effects will take years to become clear.

He Yafei former Vice Minister, State Council Office of Overseas Chinese Affairs via CHINA US Focus http://ift.tt/29fpALQ