China finance minister: Brexit will cast global economic shadow

China’s policymakers and leading economists on Sunday voiced concerns about Britain’s vote to leave the European Union, with the finance minister saying it has heightened market uncertainty, though some expect a limited impact on the Chinese economy, Reuters reports. The “Brexit” decision “will cast a shadow over the global economy … The repercussions and fallout will emerge in the next five to 10 years,” said Lou Jiwei, China’s minister of finance, at the first annual meeting of the Asian Infrastructure Investment Bank in Beijing. Stock markets around the world plunged in the wake of the referendum. Lou’s views were echoed by the head of China’s top economic planning authority and other economists at the World Economic Forum (WEF) in the northern city of Tianjin.