Two main risks are threatening such a robust economic performance by the Chinese economy, which, if materialized, will result in a sharp slowdown in the Chinese economy, will have effects that will be felt globally. Commodity exporters, like for instance Brazil, Australia and South-East Asia, would then be hardest hit. The first one arises from the high level of debt overhang.
Indeed, the political decision-making process, the type of government, the existing domestic laws, in particular at constitutional level, and external rules like those included in the Stability and Growth Pact for European Union members, are important aspects to be taken into account.