The emerging market is soon becoming the collapsing piece of the global economy against the backdrop of the mounting global economic crisis. The surge in capital outflows is the clear sign that the emerging market is sinking.

Anbound's research team points out that after the Asian financial crisis, it is possible that the emerging market might again become the dangerous zone in global economy.

China being an important component of the emerging market will suffer the negative impacts arising from the worsening economy in the whole emerging market.