Chinese Word of the Day – 风险管理

1)                  风险管理 (feng1xian3 guan3li3) – risk management

Definition: The forecasting and evaluation of financial risks together with the identification of procedures to avoid or minimize their impact.

Example: 这个国家政府应该实施比较谨慎的风险管理。

Meaning: The government of this country should carry out very cautious risk management.

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