What impact will the UK officially leave the EU on January 31, local time, on the world and China?

The UK’s official departure from the EU will have a huge impact on the world. Ideally, Britain would now be free to forge new economic relationships with the EU and the US, while maintaining a diplomatic balance and positioning itself as a power broker between the two. However, in terms of practical pros and cons, the UK is in a period of negotiating a new world order and needs to find a way out and maintain close ties with as many allies as possible.

After the UK officially leaves the EU, the economic development of this country with a population of 500 million will be affected in the short term. It is almost certain that the pound will continue its current decline and continue to depreciate. The EU, with the UK losing its second largest economy, will surely suffer a financial shock equivalent to the intensity of the European debt crisis. Some analysts believe that the economic impact of Brexit on the EU may affect China's exports, especially if the EU tends to adopt trade protection policies, which will affect bilateral trade between China and the EU.