In the recent international exchange activities, Anbound was asked about the largest risk for China's economy in the future. We believe that attention should be paid on the interconnected short-term risks, namely debt risk and Renminbi exchange risk. China’s debt has increased to an alarming level, and this has become a potential risk for the global economy. Renminbi’s exchange rate is still on the weaker side of the balance, and if there is another round of outflow of capital caused by the drastic devaluation of Renminbi, China’s economy will be severely affected. Avoiding these two risks should be the focus of the current economic policy.