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The View

Daily analysis of the major talking points in the worlds of business and investing with a focus on implications for doing both in mainland China and its key financing hub - Hong Kong.

In a mural on the side of a building in Dover, Britain, street artist Banksy depicts Brexit as a workman chipping away a star on a European Union flag. The Europeans are not letting Britain make an easy exit; it might encourage the beginning of the end of European federalism. Photo: Bloomberg

Why trouble in Europe bodes ill for world markets

The EU has more to lose than the UK in the Brexit battle, for Britain’s departure might mean the beginning of the end of European federalism. And if the euro splinters and weakens against the US dollar, it may hurt those countries with dollar debt.

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