Amid record levels of Chinese international deals, speculation is building whether Britain's decision to exit the European Union will turn off the tap of investment into the region.
Official data last week showed Chinese outbound direct investment soared 61.9 percent year-on-year during the first six months of 2016, with the ASEAN region, Australia, the EU, and Hong Kong among major destinations.
While no regional breakdown was available, business leaders at the World Economic Forum (WEF) in Tianjin said the U.K wasn't a major recipient compared to other European nations, which could mitigate the impact of last Thursday's referendum.
"I don't think a Brexit will have much impact on Chinese companies. We've seen more activity between China-Germany than the U.K.. Western Europe collectively has been a big destination for outbound investment but the majority of that hasn't been into the UK," John B. Veihmeyer, chairman of KPMG International, said on Monday.
Klaus Kleinfeld, Alcoa chief executive, echoed those sentiments. "Brexit won't have a substantial impact on China. The U.K. doesn't play as important of a role than other countries in the EU."