Given China’s systemic importance to the global economy, instability there could pose major risks far beyond its borders. China is the largest foreign holder of US Treasury securities, a major trade partner for the US, Europe, Latin America, and Australia, and a key facilitator of intra-Asian trade, owing partly to the scale of its processing trade.
中国对于全球经济具有系统重要性，因此中国出现动荡所产生的危险远远不止于其国界线内。中国是美国国债最大的外国持有者，美国、欧洲、拉丁美洲和澳大利亚的主要贸易伙伴，也是内亚贸易的关键推动者，这部分是因为其巨大的加工贸易规模。