The central economic work conference pointed out that it is necessary to properly understand, guard against and defuse major risks. From the characteristics of domestic and foreign economic circulation, especially from the perspective of capital flow, this paper analyzes the corresponding major economic and financial risks that may be encountered under the conditions of changes in the realization logic, and puts forward countermeasures to prevent them, mainly including the following five points:
1. Be alert to the credit crunch effect brought about by the slowdown in exports.
2. Be alert to the effect of the Fed's tightening monetary policy on the return of foreign capital.
3. Be alert to the side effects of the decline of the dynamic mechanism of the land and real estate market on stable growth.
4. Be alert to the risk of economic stagflation due to excessive government debt.
5. Be alert to the risk of inflation soaring due to overdraft of the capital pool function.
