China tops list of 'grey swan' global risks: State Street report

Singapore

IN THE year that follows Brexit and the US presidency of Donald Trump, State Street Global Advisors is calling out various global risks in 2017 that could be marked as "grey swans". Topping the list is China losing its grip on markets and economic growth.

"We call them grey swans, rather than black, because they may be unlikely, but they are not implausible, exceptionally rare or unknown," the report said.