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Economy

Brexit deals blow to UK economy, says expert-Xinhua

Photo taken on April 8, 2022 shows an empty shelf at a supermarket in London, Britain.  (Xinhua/Li Ying)Iain Begg described Brexit's effect on the British economy as "incremental, small, bit by bit, drip by drip," but mainly negative.LONDON, Jan. 31 (Xinhua) -- Three years after the United Kingdom's (UK) departure from the European Union (EU), there is now a reasonable consensus that the effects of Brexit on the country's economy have been negative, and public support for it has been decreasing, a scholar has said."It's more an incremental, small, bit...
Economy

Swiss business leader upbeat on China’s opening, economic outlook-Xinhua

People visit the booth of Switzerland at the China National Convention Center during the 2022 China International Fair for Trade in Services (CIFTIS) in Beijing, capital of China, Sept. 4, 2022. (Xinhua/Ren Chao)"It's good news for the Chinese economy because the lockdown ended," Felix Sutter told Xinhua in a video interview. "The manufacturers are more flexible to decide now whether they want to lower or increase production."By Martina FuchsGENEVA, Jan. 12 (Xinhua) -- The president of the Swiss-Chinese Chamber of Commerce (SCCC) on Thursday welcomed China's lifting of COVID-19 restrictions...
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