May Makes Her Case in China: Brexit Update

"Every forecast that has been made about the period post-referendum has been wrong," Davis says. Source: Bloomberg
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Prime Minister Theresa May is in China trying to sell the idea of Brexit to the world’s biggest market amid signs there is a hardening in her position toward the the European Union.

Until a week or so ago, it had appeared that approving a two-year transition was but a formality. But after a backlash from the pro-Brexit wing of May’s Conservative party, May is vowing to fight the EU on the terms of the transition arrangement that businesses are desperate for her to pin down. Liam Fox, the international trade secretary traveling with her in China has talked about the transition as an “if” rather than a certainty.