China called for a calm response to the U.K.’s unprecedented Brexit vote, saying a “stable and united European Union was in the interest of all parties."
“The decision of leaving the EU has an impact on everything, and we believe all related parties must calm down and evaluate the situation," Chinese Ministry of Foreign Affairs spokeswoman Hua Chunying said at regular briefing Friday in Beijing.
China shared $598 billion in trade with the EU last year, second only to the U.S. With slowing growth and significant capital outflows, China was among the Asian economies most vulnerable to a Brexit vote, Bloomberg Intelligence economists Fielding Chen and Tom Orlik wrote ahead of the referendum Thursday.
“We respect the choice of the British people and we highly regard our relationship with the U.K.," Hua said. “We would like to continue our cooperation with the U.K."
China also respected David Cameron’s decision to step down as prime minister in about three months in line with its policy to honor the rights of other nations “to choose their own development path," Hua said.