These are the world's biggest economic risks

China's economy experiencing a sharper-than-expected slowdown is the world's biggest risk, according to the wonks over at the Economist Intelligence Unit.

"If China's economy slows by more than we currently expect, it will further feed the ongoing global commodity price slump, with a hugely detrimental impact on those Latin American, Middle Eastern and Sub-Saharan African states that had benefited from the earlier Chinese-driven boom in commodity prices," it said.

This was followed by a "chilling effect" of Russia's interventions in Ukraine and Syria on its relations with the West.

A deeper divide the two world powers could threaten a whole host of key global policies such as jihadi counter-terrorism and combating global warning, the Economist Intelligence Unit said.

Chaos in the world's currency markets leading to an emerging market corporate debt crisis, possibly requiring governments in several economies to step in to shield their banks from the fallout, was also flagged.

Over in Europe, the unit warned of rising pressures prompting the European Union to fracture and a "Grexit" bringing about the end of the Eurozone.

Controversial Republican candidate Donald Trump sweeping to victory in this year's US presidential elections made it into sixth place.

It said he's been exceptionally hostile to free trade, repeatedly described China as a "currency manipulator" as well as taking a very right-wing stance on the Middle East.

The Economist Intelligence Unit forecasting and advisory service warned that a Trump victory would be particularly risky in the event of a terrorist attack on US soil or a sudden economic downturn.

Full story: These are the world's biggest risks: City A.M.

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