The biggest worry for risk managers: A hard landing for China's economy

March 8 Morning News According to foreign reports, a new survey of risk managers by the American Institute of Actuaries, Illinois State, showed that 14% of the 141 business risk managers and actuaries surveyed saw the "hard landing of the Chinese economy" as their biggest concern for the future. The Wall Street Journal reported that 11% of the people thought the dollar's sharp devaluation was the biggest concern, and third was the "bursting of asset price bubbles".　　China is considered the first big "emerging risk" that keeps them awake at night. The fourth place was the oil price shock, which was voted 9%.　　The actuary who conducted the survey, Rudolph from Nebraska State, said that if the survey were to be done now, given the rapidly spreading political revolution in the Middle East, that percentage would be higher. The survey time is in October 2010 and November and the results will be announced shortly.　　Rudolph said that if the Chinese economy were to achieve a hard landing, it would have the most unintended consequences; These risk managers were much more worried about China in 2010 than they were in 2009. At that time, only 4% thought China was the number one emerging risk, and the dollar's depreciation and the bursting of the asset bubble were their main concerns.　　The survey presented 23 potential risks for the respondents to rank, including climate change, international terrorism, epidemics and economic problems. Rudolph said that with the further escape from the economic crisis at the end of the 2008, China was becoming more and more preoccupied, and managers said the risk was under control, so think about how to prepare for the next risk. They think China needs their vigilance and attention.