Deregulation creates China consumer loans boom

Since regulators opened up the consumer finance market three years ago, lenders have deployed hundreds of thousands of salespeople to cash registers and even car parks across China to hand out on-the-spot loans for phones, electronic gadgets and cars. ( read original story ...)

In China, Herd of ‘Gray Rhinos’ Threatens Economy

SHANGHAI — Let the West worry about so-called black swans, rare and unexpected events that can upset financial markets. China is more concerned about “gray rhinos” — large and visible problems in the economy that are ignored until they start moving ... ( read original story ...)

China announces goal of AI leadership by 2030

BEIJING — China’s government has announced a goal of making the ... Baidu Inc. and Alibaba Group are spending heavily to develop artificial intelligence for finance, self-driving cars and other applications. Manufacturers also are installing robots ... ( read original story ...)