Lou Jiwei, the head of China's $300 billion sovereign wealth fund, has said the world will slowdown again in 2012.
Speaking at a forum on the southern Chinese island of Hainan, he said it might even fall again into recession.
He said while 2011 would be a relatively good year for growth, the danger lay in 2012.
Lou said if major economies were to change their pro-growth policies in the fourth quarter of the year, the decision would coincide with limited oil supplies and unrest in North Africa and the Middle East.
Lou said he expected emerging markets to raise interest rates and allow their currencies to strengthen, causing a slowdown in economic growth for those countries.
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